Wait for break and retest on 4hr chart for charts. Good risk reward ratio.
alternative plan: wait for bullish engulfing, inside bar break out or bullish pinbar on hourly or 4hr chart (preferable)
alternative plan: wait for bullish engulfing, inside bar break out or bullish pinbar on hourly or 4hr chart (preferable)
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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.