- Daily candle bullish engulfing
- H4 structure invalid break for LL, consolidating
- H1 BOS to upside valid,
- valid m15 BOS to upside
Confluence H1 Trendline, H4 MA, H4 random line support
Risk: 20 pips estimate, H4 consolidating
Target: 1.275
Trade closed manually
valid M15 BOS to downside after tapping 1.272, exit @ 1.2695 +30 pipsNote
Price ended up hitting target level 1.275ish, but there was a valid m15 BOS to downside @ london open 6/5. Valid exitDisclaimer
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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.