In this setup the Daily timeframe is bullish so what we are looking at is a chance at a retracement entry to target another extension higher with EQ Highs as are targets for liquidity sweeps and stop hunting for retail traders support and resistance zones. As well as mititigating previous institutional candle to potentially give us that momentum 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.