In the internal wave of the 4h time frame, the price has just had a downward phase and a liquidation sweep of the previous lows.
Trade closed: target reached
When the pullback wave in the 4h time frame creates a CHOCH reversal signal, the price rises again and breaks the SwichHigh to continue the main uptrend.
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.