Based off daily chart. Entry on flip of the daily
Confirmations
1.Daily close above resistance
2. Daily came down first with no wick
3. Daily bounced off average area of bullish rejection candles.
Confirmations
1.Daily close above resistance
2. Daily came down first with no wick
3. Daily bounced off average area of bullish rejection candles.
Order cancelled
4 hour did not flip and closed below resistance. Could still flip and run but the probability is lowered.
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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.