We currently have a daily structure retest at 73.180. Looks like we could have some kind of inverted H & S as well
Now you have to monitor price action for rejections at that area for a possible long.
This will be a nice daily swing if the 4hr structure is broken to the upside tomorrow.
I will update chart as soon as I enter the trade or if the trade is cancelled for any reason.
If my guess is right, entry will come between Frankfurt and London session
If the price heads to 73.00, it will be most likely invalid.
If you agree with this, please give this a thumbs up and you can follow for more setups.
Thank you and good luck
Now you have to monitor price action for rejections at that area for a possible long.
This will be a nice daily swing if the 4hr structure is broken to the upside tomorrow.
I will update chart as soon as I enter the trade or if the trade is cancelled for any reason.
If my guess is right, entry will come between Frankfurt and London session
If the price heads to 73.00, it will be most likely invalid.
If you agree with this, please give this a thumbs up and you can follow for more setups.
Thank you and good luck
Trade active
Note
Seat belts bucked nicely for the lift off
Trade closed manually
closed with a trailing stopNote
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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.