Price took out trendline liquidity and a swing high on a broader outlook. Now we have reversed, creating a Unicorn model and equal lows as a target. I am waiting for a retracement into this area to confirm a trade. I would look at the lower timeframes at that point to determine if price isn't poised to trade higher.
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.