Long
Break of Structure
Price has broken structure and we can now say we are in a bullish trend on the 4H.
When this happens, we expect price to pullback before continuing the trend. This means there's now a short trade possibility on the lower timeframe such as 15m.
When this happens, we expect price to pullback before continuing the trend. This means there's now a short trade possibility on the lower timeframe such as 15m.
Note
We're looking at possible continuations here. Keep in mind that we are past the BoS on the 4H so we'd be taking very short term trades on the 15m.
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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.
Related publications
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.