SETUP 1: Support. Bottom of the consolidation channel.
Entry: Bull Confirmation Candle
SL: 1.730
TP: 1.742
SETUP 2: Break and retest of current support.
Entry: Bear Confirmation candle on the retest.
Setup 1 is Plan A, if price keeps moving down, we go with setup 2-plan B.
Entry: Bull Confirmation Candle
SL: 1.730
TP: 1.742
SETUP 2: Break and retest of current support.
Entry: Bear Confirmation candle on the retest.
Setup 1 is Plan A, if price keeps moving down, we go with setup 2-plan B.
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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.