A Bullish Engulfing Candlestick pattern was formed September 1st, then a Bullish Momentum Candlestick followed days after.
Causing price to break the resistance of Retracement Level.
1 Hour Timeframe - Price Action & Entry
Daily Chart - Momentum & Trend
Number 1 Wait for possible retest, then a Bullish Candlestick place a LONG.
Number 2 Market can start ranging, then waiting for another breakout of the resistance and place a LONG.
Causing price to break the resistance of Retracement Level.
1 Hour Timeframe - Price Action & Entry
Daily Chart - Momentum & Trend
Number 1 Wait for possible retest, then a Bullish Candlestick place a LONG.
Number 2 Market can start ranging, then waiting for another breakout of the resistance and place a LONG.