One of my favourite setups, overall daily trend is bullish with a trendline break on the 4hr and 1hr supporting the overall trend.
Looking for a higher low to be made before entering.
Trade initiated, waited for a bullish englufing on the daily support, aswell as the break of the trendline to show the buyers are coming back at this level. TP set before next resistance. Let me know what you think. Thanks!