Waiting for price retest to key level(LH)
Scenario 1 = If price fails to break above key level look for multiple wick rejections and SOW signals to go Short
Target new lows for profits , stop loss 10pips above LH
Scenario 2 = If price breaks structure (LH) wait for SoS after breakout to go Long
Target new lows for profits , stop loss 10pips above LH
Scenario 2 = If price breaks structure (LH) wait for SoS after breakout to go Long
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.