Series of LLs and LHs.
The price action flipped from the weekly support zone.
Creation of new HH and HL which can be a sign of reversal.
At the new HL price action has formed a bullish hammer followed by bullish engulfing candle.
Enter BUY by protecting the last HL and targeting the most recent HH.
The price action flipped from the weekly support zone.
Creation of new HH and HL which can be a sign of reversal.
At the new HL price action has formed a bullish hammer followed by bullish engulfing candle.
Enter BUY by protecting the last HL and targeting the most recent HH.
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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.