- Last daily candle was bullish engulfing
- H4 structure uptrending and found support @ monthly level, and showed a tested candle that took a lot of candle
- H1 uptrending and valid BOS to upside
- M15 BOS valid right after H4 formed a bullish tested candle and broke above the tested candle resistance
Confluence Monthly Support, 38.2 Fib, H1 trendline
Risk: Both trending so risk should be less
Exit: Bearish H4 candles right at weekly level
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.
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.