60% Chance for a downside movement

٢٤ يناير

This is a multi confluence trade setup. All confluences are listed below.

H4/H2
Strong Downtrend
Price below Trendline

H1
62% chances for a BoS by the downside

M30
ChoCh
Bos
Flipping box
59% chances for a BoS

Trade
Entry on the flipping box
Stoploss above the Flipping box
Take Profit 1 at the last low
Final Target at the Previous Week Low (PWL)