3rd bounce from the trendline
outside the daily H/L
Stop just under a previous low, tp just a little below the weekly lvl, but at the same lvl that a previous day high
BUT, we dont have emas crosing, we dont have a precise candlestick formation on the lower TF, so its just a posibility. but given the dollar weakness I think this could play out.
If we go to retest the purple horizontal line and break the trendline, could fall to lower side of the trendline, and might enter with a clean retest
outside the daily H/L
Stop just under a previous low, tp just a little below the weekly lvl, but at the same lvl that a previous day high
BUT, we dont have emas crosing, we dont have a precise candlestick formation on the lower TF, so its just a posibility. but given the dollar weakness I think this could play out.
If we go to retest the purple horizontal line and break the trendline, could fall to lower side of the trendline, and might enter with a clean retest