The trend has changed from a long downtrend to a bullish trend, and we will take advantage of this by placing our order on the new higher low. I expect that the higher low will be in the grey box due to the fact it was a significant resistance level and because I received additional confirmation out of the volume profile and also i got a higher timeframe conformation
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.