This is already an active trade setup but looks like the chart is providing another opportunity to get a good R:R entry.
Large M shape harmonic structure.
Lower demand line appearing to show a partial decline and seller exhaustion at the key level.
Bullish engulfing candle off the key level to boot.
What is not to love here? : )
Large M shape harmonic structure.
Lower demand line appearing to show a partial decline and seller exhaustion at the key level.
Bullish engulfing candle off the key level to boot.
What is not to love here? : )
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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.