we saw signs of a trend reversal on the 4h TF as price broke out of the trend line. Now considering a retracement to 38% level it could start moving up again continuing the bigger trend. we could wait for the price to touch the lower band of the 3rd standard deviation of the Bollinger band. if so, it will be a nice trade with a nice RR. what do you think?
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.