Hi Mates,
1. A trend line "breakout"
2. A "test" and "failure" of the previous "low" after the trend line breakout.
3. It is testing previous swing high and maybe breaking out it soon.
Target: The target is placed at the "swing high" prior to the "new low" in 1-2-3 "bullish setup."
Stop: below the "swing low' in a 1-2-3 "bullish setup" for long trades.
Good Luck!!!
1. A trend line "breakout"
2. A "test" and "failure" of the previous "low" after the trend line breakout.
3. It is testing previous swing high and maybe breaking out it soon.
Target: The target is placed at the "swing high" prior to the "new low" in 1-2-3 "bullish setup."
Stop: below the "swing low' in a 1-2-3 "bullish setup" for long trades.
Good Luck!!!
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.