- Bullish M
- Bullish candle close for 3 weeks
- Bigger MS is still bearish
Daily:
- Bearish driver
- Bullish M in the relief phase
- Clear Daily S&D zone with IC
*Clear to see support and resistance on S&D zone
4H:
- 5 leg -27 FC
- IC sitting in 4H S an D zone
*Want to see an extra counter indication on the 4H in the form of a pattern or deceleration
Trade geschlossen: Stop wurde erreicht:
Price reversed at D BOC of the Bearish Impulse (Daily driver was bearish, Bullish MS was relief for more potential downside momentum)
40% was taken out at D BOC (Next time if we trade against daily driver = 60% out at first TP point)
40% was taken out at D BOC (Next time if we trade against daily driver = 60% out at first TP point)
4H Inv H&S with BOS of the pattern
4H Driver is bullish
*Key factor detail, reverse point aligns multiple times with impulsive buy orders from the past