Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

As per my last idea, we were waiting for the bulls to take over by breaking above the blue neckline from H4.

We had the break last week, and lately we rejected the 10.0 and broke below the last minor low in red. Thus, the correction started.

Now on the retest of the previous high in blue, we will be looking for buy setups on lower timeframes to catch the next impulse movement upward.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich
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TheSignalyst
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