Current structure indicates price moves in correction of last impulse on hourly time frame.
There is high probability structure will develop into triangle pattern.
You can enter based on breakout of inner trend line or bottom line of structure.
There is high probability structure will develop into triangle pattern.
You can enter based on breakout of inner trend line or bottom line of structure.
Note
Note
Be aware that upside scenario is possible as wellNote
Trade closed: target reached
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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.