Trend: Bullish (although breakout has occurred)
structure: Trend line and Channel breakout and retest
Plan: Price has broken out of a flag pattern/parallel channel, we now see a retest and rejection of the lower channel bound.
The expectation is price will retest and move towards previous low.
structure: Trend line and Channel breakout and retest
Plan: Price has broken out of a flag pattern/parallel channel, we now see a retest and rejection of the lower channel bound.
The expectation is price will retest and move towards previous low.
Trade active
Trade closed: target reached
Lovely trade. Well done to all that took
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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.