in bullish market price need to hit first inducement to confirm high
in this case our first idm is 0.5236
after price hit that price we can wait for minor choch and secure OB
then we can target 0.5651
hitting 0.5651 is necessary for market structure !!!
in this case our first idm is 0.5236
after price hit that price we can wait for minor choch and secure OB
then we can target 0.5651
hitting 0.5651 is necessary for market structure !!!
Note
price just hit 0.5243(0.5236 was my typing mistake)
now waiting for 1 min choch for long trade
Note
not any confirmed choch yetNote
last high is 0.5311need a candle close above it to confirm ChoCh
still waiting
Note
price didn't do choch upmajor choch to dw has been created
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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.