H4 - 2x double bottom (light blue + blue zone). Retracement made a higher high, higher close (yellow arrow) + moved out of the consolidation zone giving a bullish signal
H1 - uptrend, waiting for a retracement for an aggressive buy
Entry - Stair step (61.8 retracement + 1.618 extension + previous structure consolidation)
Stops - below previous lows
Profit - 1.272 + 1.618 extensions + structure + potential double top (green zone)
H1 - uptrend, waiting for a retracement for an aggressive buy
Entry - Stair step (61.8 retracement + 1.618 extension + previous structure consolidation)
Stops - below previous lows
Profit - 1.272 + 1.618 extensions + structure + potential double top (green zone)
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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.