Although weekly and daily structure is bearish. the 4HR structure is Bullish. This was a clean Break and retest of the daily zone. Looking for follow though.
If price fails to follow through, I will close manually and either wait for another entry or change my bias to go with the 4HR marketflow (bullish).
I did notice a HS formation on the 30 MIn TF which made me a little comfortable taking the trade.
Final TP is the 4HR HL but will be partialling out along the way.
If price fails to follow through, I will close manually and either wait for another entry or change my bias to go with the 4HR marketflow (bullish).
I did notice a HS formation on the 30 MIn TF which made me a little comfortable taking the trade.
Final TP is the 4HR HL but will be partialling out along the way.
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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.