Here's what I would have done (it doesn't seem to be US30 but whatever...) ; On the H1 chart there seems to be a second dot (your red arrow), so now we wait for something nice to happen in M15, a confirmation, a breakout, something telling me "now I want to get in".sgarr wrote: Thu Mar 09, 2023 12:41 am a curiosity? when you say 1H and 15, for example yesterday pm it follows the sell signal 1h , but nothing on the 15th so I don't trade right? Or I'm missing something on the chart that gives me the 15M signal thanks
On the M15 chart : I'm drawing 2 lines (in yellow) : it seems to be an inverted triangle / loudspeaker configuration. This is my nightmare. This is where false breakouts happen, you can see them.
1) The price breaks below the inverted triangle. Enter here if you're not afraid of high risk
2) The price closes below the n°1 candle, but there is quite a long tail, so maybe the price is going to pull back a little. Moreover it doesn't seem to close below yesterday's low, so it's a red flag. But the trend seems to be confirmed, which is good.
3) There has been a pullback, the downtrend is resuming, this candle closes below the tail of the previous one and below yesterday's low. I would enter here.
