4H FVG completed
the current candle that is forming could be the start of a SFP
if it is confirmed (need the candle of 8am CET to be wick and the candle of 12pm CET to be bearish) for a SFP
then , it means we have high potential to go back inside the range
if price doesn't form a SFP or Deviation, then it will be a confirmed breakout and so we would look for longs
but for now, it's looking like it could be a fake out, in that case, we would look for shorts
so trade accordingly
the short setup isn't confirmed yet but it could be, as stated with the conditions above
not financial advice
educational purpose only
don't follow blindly
the current candle that is forming could be the start of a SFP
if it is confirmed (need the candle of 8am CET to be wick and the candle of 12pm CET to be bearish) for a SFP
then , it means we have high potential to go back inside the range
if price doesn't form a SFP or Deviation, then it will be a confirmed breakout and so we would look for longs
but for now, it's looking like it could be a fake out, in that case, we would look for shorts
so trade accordingly
the short setup isn't confirmed yet but it could be, as stated with the conditions above
not financial advice
educational purpose only
don't follow blindly
Note
got the time wrong for the candles but the idea is the sameinstead of 8am CET it's 11am CET and so the 2nd candle would be 3pm CET
Note
Still waiting for confirmation, not entering trade yet, moving entry higher as there are other interesting entries
enter only after confirmation
Note
the trade is going well so far, but I'm waiting for more confirmation and retest to enterfor those who entered already, enjoy the profits! :)
Note
Here we go, in 1H chart we have a confirmed Deviation
in 4H the current candle must close bearish ( a bearish engulfing would be the best) in order to confirm SFP
and in Daily chart, today must close below the wick of that range (left side), and tomorrow must close bearish in order to confirm SFP
Order cancelled
completely rektI misread the chart, the ascending triangle breakout was obvious and the weekly chart showed that the lows of the bullish OB got retested already so it wouldn't go back down
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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.