Hello Traders
EURUSD is Bullish on H4.
After a Bullish BOS, I can identify discounted price for possible long positions. targeting the newly created swing high.
*Price doesn't have to go back into extreme levels to form a potential HL. it can use the equilibrium level, if there's valid POI/IMB around it.
alternatively there's enough LQ generated by the rising wedge, price can grab that and continue pushing higher.
EURUSD is Bullish on H4.
After a Bullish BOS, I can identify discounted price for possible long positions. targeting the newly created swing high.
*Price doesn't have to go back into extreme levels to form a potential HL. it can use the equilibrium level, if there's valid POI/IMB around it.
alternatively there's enough LQ generated by the rising wedge, price can grab that and continue pushing higher.
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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.
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.