looking at higher TF im expecting a trend continuation. weve had a pullback this is either all the pullback (possible in trending market conditions) and this is a consolidation outside of the trendline signaling TC. trade setup active now. managment of the trade: once price nears blue horizontal ill be moving to BE in case a bigger corrective structure (123) but trade taken knowing that possiblity.
trade with care
trade with care
Note
moved to BE when passed the bottom. looking for reversal from the top nowNote
new look TL drawn is not valid atm only forecasted.
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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.