On the 1H timeframe price broke the previous structural high and ranged before trending down. Currently I'm looking for price to react off of the area marked (Green) to look for entries since this is a swing trade. I'd like to see a clear trend shift on the lower time frames before entering to maximize RR and to reduce the chance of getting caught in the noise or wicked out because stops weren't set accordingly.
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.