As we can see,market structure has turn bearish even in the H4 timeframe. The previous order block in M30 has been filled and price is ready to push down. Trend line breakout give us an additional confluence. However, we may expect price to consolidate for abit when it reaches 154.80 level as it is the previous low.
Note
Entry: 155.59SL: 155.72
TP: 154.27
Trade closed: stop reached
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.
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.