Lower Low - Break of structure Price breakout of a bearish pattern 1hr EMA crossover + Retest
Confluence: 1) Correction after a breakout at the Lower time frame 2) Break of structure - Price created Lower Low 3) Double top at the Higher time frame
Price has broken the HTF correction followed by an LTF Correction with 1hr ENgulfing candle
Possibility of EURNZD 2nd entry Buy. I am waiting for a breakout for entry on the 1hr chart.
Bearish BIAS Need to wait for some sort of reversal pattern on DXY in order for me to take this trade
Price broke out of the pattern Price created a new Lower low by breaking structure Divergence Wait for a possible correction if you missed out on the first entry Use correct risk management Good Luck Telegram Channel - In bio
Bullish BIas Price has broken out of a Higher timer frame correction followed by a lower time frame correction. Waiting for a breakout from LTF correction. Price has also broken structure and created a new Higher high
Price created a new Higher high by breaking above the structure. Price has also broken outside the Higher time frame correction, I will be waiting for a lower time frame correction. 4hr EMA crossover as part of the strong confluence. My entry will be after a lower time frame breakout at 1hr time frame
Price retesting after a breakout of the LTF correction within the pattern