CHZ SHORT (Daily IDEA)
chz had made a 3 drive pump meaning shorts will be good soon around 0.11
ive traded this market for 3 years and when shi is touching daily trendlines that usually means a trend reversal is near to take out that liquidity thats been building up. especially if its a 3 drive, usually that means a 10-20% correction is coming.
ive traded this market for 3 years and when shi is touching daily trendlines that usually means a trend reversal is near to take out that liquidity thats been building up. especially if its a 3 drive, usually that means a 10-20% correction is coming.
Note
Confluence : daily resistance level
0.5 fib
daily bearish OB
3rd touch on daily trendline
3 wick drive
Note
bearish fvg is a bearish OB in this chart i forgot to correct itNote
entry is refilled and we are dropping. stoploss is not hitNote
stop loss still not hit and we are still dropping.
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