Potential upside move after this corrective structure.
Price may impulsively break to the upside during New York session or earlier.
Keep an eye on the area for a 15minute impulse.
Risk:Reward 1:3.2
If the price breaks the structure support aggressively and closes below it the setup is invalid.
Look for price to hold highlighted area and then bounce.
Price may impulsively break to the upside during New York session or earlier.
Keep an eye on the area for a 15minute impulse.
Risk:Reward 1:3.2
If the price breaks the structure support aggressively and closes below it the setup is invalid.
Look for price to hold highlighted area and then bounce.
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.