GJ Continued bearish potential
Preferred sell entry : $135.45 - $135.70 or wait for fresh 1H/4H divergence confluence.
SL : $136.20
Tp1 : $134.10
Tp2 : $133.20
Tp3 : $132
4H hidden bearish divergence after support bounce suggest more downward pressure within the current 4H downtrend from $141 (resistance/Vwma rejection). Price still bearish under the 21 vwma on 4H and Daily timeframes. Only look to buy on Daily/4H bullish divergences and potentially take profits off of structural resistance levels on the Daily timeframe, or Daily/4H bearish divergences/vwma cross back down or touch.
SL : 50 pips
TP1 : 160 pips
R/R : 1:3
Tp2 : 250 pips
R/R : 1:5
Tp3 : 370 pips
R/R : 1:7
SL : $136.20
Tp1 : $134.10
Tp2 : $133.20
Tp3 : $132
4H hidden bearish divergence after support bounce suggest more downward pressure within the current 4H downtrend from $141 (resistance/Vwma rejection). Price still bearish under the 21 vwma on 4H and Daily timeframes. Only look to buy on Daily/4H bullish divergences and potentially take profits off of structural resistance levels on the Daily timeframe, or Daily/4H bearish divergences/vwma cross back down or touch.
SL : 50 pips
TP1 : 160 pips
R/R : 1:3
Tp2 : 250 pips
R/R : 1:5
Tp3 : 370 pips
R/R : 1:7
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