SEI 1H Breakout??
Potential breakout play on SEI, having broken above the diagonal trendline resistance. Now retesting this trendline as new support after making new higher low and higher high on the 1H timeframe.
Price is currently in the middle of 2 draws to the downside and 2 to the upside. This does make the breakout less certain, the bullish OB that lays under current price would have better R:R without breaking the new bullish trend.
Clear resistance is shown around the triple top pattern/ Daily resistance. As the general HTF structure is still a choppy one, these areas of resistance shouldn't be taken lightly as there is no real momentum to break those levels easily.
Price is currently in the middle of 2 draws to the downside and 2 to the upside. This does make the breakout less certain, the bullish OB that lays under current price would have better R:R without breaking the new bullish trend.
Clear resistance is shown around the triple top pattern/ Daily resistance. As the general HTF structure is still a choppy one, these areas of resistance shouldn't be taken lightly as there is no real momentum to break those levels easily.
Kommentar
Absolutely perfect bounce off the bullish orderblock!
Looking good now in terms of structure for a move up.
Invalidation below the $0.41 OB
Kommentar
+25% from entry 
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.