So this seems to be making an almost perfect IHS on the Daily. On the lower TFs we are still looking like the pull back is not yet complete so we may go a little lower before bullish bounce. I have not entered yet so the position is just for reference on this idea. I will be watching this on the 15m TF to get my entry.
Note
Ok, I've entered, standard 1:3 RR. entry: 1.62879, SL: 1.61313, TP: 1.67454
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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.