Hello Traders,
Price broke out of a 4hour ascending trend line that is lined up with a structure level,
Price has the potential to retest the broken zone and move lower,
Wait for a RETEST (Price Closes Above the previous level of Support)
Once Price Confirms Support as New Resistance (Ceiling). Enter the Trade.
Good Luck to you all,
If you liked this idea, please like, follow and comment.
*This idea does not provide any financial advice.
Price broke out of a 4hour ascending trend line that is lined up with a structure level,
Price has the potential to retest the broken zone and move lower,
Wait for a RETEST (Price Closes Above the previous level of Support)
Once Price Confirms Support as New Resistance (Ceiling). Enter the Trade.
Good Luck to you all,
If you liked this idea, please like, follow and comment.
*This idea does not provide any financial advice.
Trade closed: target reached
Our Target was Reach as per Previous comment on 25 Feb
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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.