Why Take This Trade
All 3 timeframes agree - strong confluence
Strategy: Swing (best fit for volatile regime)
1H: STRONG SELL (72/100) | 4H: STRONG SELL (76/100) | 1D: STRONG SELL (79/100)
Daily trend strong - aligned with higher timeframe
Market structure favorable
1H: 1 bearish FVG zone(s) present
1H: Liquidity clusters (above/below) in view
4H: 2 bearish FVG zone(s) present
4H: Liquidity clusters (above/below) in view
1D: 2 bearish FVG zone(s) present
1D: Liquidity clusters (above/below) in view
1H: Bearish chart pattern: Head & Shoulders (with trend, close beyond boundary, near completion, aged 98b ร0.30) [83% win rate] 100% complete
1H: Bearish chart pattern: Triple Top (with trend, breakout vol spike, close beyond boundary, near completion, aged 49b ร0.30) [79% win rate] 100% complete
1H: Bearish chart pattern: Double Top (with trend, breakout vol spike, close beyond boundary, near completion, aged 49b ร0.30) [72% win rate] 100% complete
1H: Bearish chart pattern: Bear Flag (observed 39% (n=505), with trend, volume declining, near completion) [67% win rate] 80% complete
4H: Bearish chart pattern: Head & Shoulders (with trend, breakout vol spike, close beyond boundary, near completion, aged 46b ร0.30) [83% win rate] 100% complete
4H: Bearish chart pattern: Triple Top (with trend, close beyond boundary, near completion, aged 35b ร0.30) [79% win rate] 100% complete
4H: Bearish chart pattern: Double Top (with trend, close beyond boundary, near completion, aged 35b ร0.30) [72% win rate] 100% complete
4H: Bearish chart pattern: Rounding Top (observed 77% (n=1323), with trend, breakout vol spike, close beyond boundary, near completion, aged 17b ร0.30) [62% win rate] 100% complete
1D: Bearish chart pattern: Head & Shoulders (with trend, breakout vol spike, close beyond boundary, near completion, aged 26b ร0.30) [83% win rate] 100% complete
1D: Bearish chart pattern: Triple Top (with trend, breakout vol spike, close beyond boundary, near completion, aged 22b ร0.30) [79% win rate] 100% complete
1D: Bearish chart pattern: Double Top (with trend, breakout vol spike, close beyond boundary, near completion, aged 22b ร0.30) [72% win rate] 100% complete
1D: Bearish chart pattern: Rounding Top (observed 77% (n=1323), with trend, breakout vol spike, close beyond boundary, near completion, aged 5b ร0.56) [62% win rate] 100% complete
1D: Bearish chart pattern: Bear Flag (observed 39% (n=505), with trend, breakout vol spike, close beyond boundary, near completion, aged 41b ร0.30) [67% win rate] 100% complete
Volume POC at $17.12
Fib 0.618 at $15.49