Looking for a retest of previous support that was broken to continue with it's downtrend
With a 4H trendline break, we can look for a retracement an retest of the previous support broken and enter with a valid engulfing
With price finding a resistant, we can look for a retracement in previuos support and waiting for the engulfing for a new entry. EU Longs
Beautiful entry coming from a trendline break, followed by a Fib retracement and a clear varible engulfing covering many of the previous candles. 12 pip SL, 70 pip TP. 4:1 RRR
Predicting longs. Supply zone, valid fib and engulfing.
