We did not have a compelling case on the weekly/monthly time frames for a buying/shorting opportunity. However, we are in a descending environment. Nevertheless, the Daily and 4H timeframe gave us an indication that we could have a buying opportunity being presented if we can confirm with a contextually bullish environment and candle structure.
GOOD LUCK TRADERS!
RR - 1:3
GOOD LUCK TRADERS!
RR - 1:3
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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.