Base on the market structure in the lower timeframe in H1. There is a clear indication of potential CHOCH. Price action has respected the support and formed a new structure with potential signs we can go for a Long Position. I will be participating in the market with my positions at
Entry - 1.29220
Stop Loss - 1.28879
Take Profit - 1.30236
I am interested in taking this position due to other confluences as well.
Such as the 4 hour timeframe with a strong indication of a bullish reversal candle
Entry - 1.29220
Stop Loss - 1.28879
Take Profit - 1.30236
I am interested in taking this position due to other confluences as well.
Such as the 4 hour timeframe with a strong indication of a bullish reversal candle
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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.