Channel/Fractal/Kumo Bounce
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//Short:
Price pulling back to the Kumo with a bearish future still. UO showing hidden bearish divergence on the daily, bearish divergence on the 4hr. Market respecting the channel for months. Looking for weakness in the fractal zone with a target at bottom of the channel.
<> My multi-indicator script here
Price pulling back to the Kumo with a bearish future still. UO showing hidden bearish divergence on the daily, bearish divergence on the 4hr. Market respecting the channel for months. Looking for weakness in the fractal zone with a target at bottom of the channel.
<> My multi-indicator script here
Note
Daily view[img]
Note
NZD Strong.Strong bullish 4hr candle breaking the fractal zone and channel and kissing the daily Kumo. Not considering an entry yet.
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