Price Action Day Trading
Daily Bias Bullish
H4 TF price retrace back to a strong horizontal level. Then price formed a bullish candle pattern and rejected from that level.
H1 TF Price formed a triple bottom pattern and break through with a strong momentum candle towards upside.
Set long trade at the broken resistance of consolidation targeting Swing High for Daily with R:R 1:3. Trade can last only till tmr 6pm due to EUR news
Daily Bias Bullish
H4 TF price retrace back to a strong horizontal level. Then price formed a bullish candle pattern and rejected from that level.
H1 TF Price formed a triple bottom pattern and break through with a strong momentum candle towards upside.
Set long trade at the broken resistance of consolidation targeting Swing High for Daily with R:R 1:3. Trade can last only till tmr 6pm due to EUR news
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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.