Price is bullish on 4H after making series of higher highs and higher lows. Broke out of the most recent swing high to create higher highs, and i might be taking the counter trend trading down towards the 50% fib level. price broke out of structure on M30 time frame to create a lower low, currently came back for a retest and waiting on a momentum candle to take it down (counter trend trading). Remember to apply caution as counter trend trading can be a little bit risky.
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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.