We ran the lows and rejected causing break of structure to the upside.
Price retraced to the LL causing the BOS, should see a reaction of here to start taking out the equal highs above.
If this trade doesn't pan out, there is still a lower LL at $.73 that they could run down into, but I find it unlikely.
Decision of Power
decisionofpower.com
Price retraced to the LL causing the BOS, should see a reaction of here to start taking out the equal highs above.
If this trade doesn't pan out, there is still a lower LL at $.73 that they could run down into, but I find it unlikely.
Decision of Power
decisionofpower.com
Note
The initial entry go stopped out, but I went back in on the LL retrace and as you can see price went up to the target above the Equal highs.
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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.