Price reached out to the Ob on the wick of the 4H structure low demand zone, it respected it and started a bullish transition from the lower TF.
Confirmations for my transition from bear to bull
On the 15sec - 7mins we had a (Change Of Character), a retest and another impulse high.
Below is my relative strength insight i have it set to the 4H TF and we also have a change of character and a transition here as well.
On the 15min - 1H we have a 3BS and a confirmed candle hence price is likely to pull back for a retest and keep creating lower highs and higher highs.
Targets
we have visible liquidities on the 30mins TF you might take partial profits at those levels as we swing to the 4H high as out full Take profits.
Note: This setup looks clean however, I am not a financial adviser use proper risk management and stay save while you make money have a happy profitable week
Confirmations for my transition from bear to bull
On the 15sec - 7mins we had a (Change Of Character), a retest and another impulse high.
Below is my relative strength insight i have it set to the 4H TF and we also have a change of character and a transition here as well.
On the 15min - 1H we have a 3BS and a confirmed candle hence price is likely to pull back for a retest and keep creating lower highs and higher highs.
Targets
we have visible liquidities on the 30mins TF you might take partial profits at those levels as we swing to the 4H high as out full Take profits.
Note: This setup looks clean however, I am not a financial adviser use proper risk management and stay save while you make money have a happy profitable week
Comentário:
This setup has been invalidated price just took out the 4H low structure point it's now officially in a down trend!