Price has for the past weeks been on an uptrend, showing clear higher highs and higher lows. Looking for price to continue higher on the basis that last week's low was a new higher low. Additional confluences include a daily order block and price showing bullish momentum immediately after tapping.
To summarize, the idea is to just follow the trend. 1:3 RR
To summarize, the idea is to just follow the trend. 1:3 RR
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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.