We will be looking for a Potential Break of Structure (PBOS) at the last Lower High (LH) 1715 area.
After the break of structure the trade is active and we can target the last Lower High @1719
Once a "HL" is formed its because of a "WLH" (Weak Lower High) failed to take out the last Lower Low (LL)
In turn you would target the last "WLH"
After the break of structure the trade is active and we can target the last Lower High @1719
Once a "HL" is formed its because of a "WLH" (Weak Lower High) failed to take out the last Lower Low (LL)
In turn you would target the last "WLH"
Order cancelled
Note
Price failed to meet requirements for trade to activate.Note
this was a really bad idea im cringing lookin at this as i have learned more since then and i was totally wrong
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Related publications
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.