Daily descending trendline broke on the third bounce
-8h ma crossover in favor of direction
-Consolidation breakout
-Daily Engulfing
-4h shooting star
-8h trendline break and retest
-8h ma crossover in favor of direction
-Consolidation breakout
-Daily Engulfing
-4h shooting star
-8h trendline break and retest
Trade closed manually
hit 100 pips ideal target, 4H engulfing + 1H break of structure was enough confluence for a strong pullback until the next leg up
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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.