weno31

weno31

Price has for the past weeks been on an uptrend, showing clear higher highs and higher lows. Looking for price to continue higher on the basis that last week's low was a new higher low. Additional confluences include a daily order block and price showing bullish momentum immediately after tapping. To summarize, the idea is to just follow the trend. 1:3 RR

weno31

The week has been bullish leading up to FOMC, which had further propelled price up. However, Friday has presented a retracement. Waiting for price to reach price level 155.000 and start looking for long setups. This idea is based off of daily and 4H timeframe bullish structure and Order Block concepts.

weno31

Currently looking for a short at price level 156.185.