Downtrend Structure has been broken on the H1 Timeframe. With allowed retracement, I took my buy between 78.6 and 88.6 of Fib via Market Structure. Now we wait for rockets hip to take off!
Trade closed manually
Exiting this trade. I've re analyzed and realized H1 is still in downtrend structure. We must wait for the true break of structure. Lost about 3 pips. Good thing I caught this before it continued, we would have been holding in loss for a while. Will publish when I am entering UJ for a buy.
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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.