Potential 4H gap close trade. There is price gap between 8 EMA in 4H. When price starts to contract, I will look at 1H for a break and close below 8 EMA and break close and retest of 50 EMA (red line) in 15 min then I will take a SHORT with targets up to 8 EMA in 4H. Next trade is after the BCR of the 50 EMA in Daily timeframe, I will wait for 2 continuation candles upside to LONG towards the next SD zone above.
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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.