The Red Arrow Setups
SETUP: Both situations have Support/Resistance and trendlines if price reaches those 2 areas.
Entry: Confirmation Candles as usual.
Blue Arrow Setups
SETUP: Price can break up or down, entry will be on the break and retest of the Trendlines.
Entry: Confirmation candles.
Price will determine which setup activates.
All these setups are possible since price is consolidating on the higher time frame.
SETUP: Both situations have Support/Resistance and trendlines if price reaches those 2 areas.
Entry: Confirmation Candles as usual.
Blue Arrow Setups
SETUP: Price can break up or down, entry will be on the break and retest of the Trendlines.
Entry: Confirmation candles.
Price will determine which setup activates.
All these setups are possible since price is consolidating on the higher time frame.
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.