A recovery in progress on the shorter timeframe. 50% on first target, and balance on the next. Once triggered be in the trade if the target is met with momentum within 5-6hours. If the move is sideways after the trigger, EXIT and don't wait.
Trade active
Triggered
Note
Target 1 achieved
Note
Note
Note
VCP on 5 minutes?
Note
Inside Bar Formation in 5minutes. Breakout on upside will give a fresh momentum.
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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.