UJ 4H Break of Trendline - Retest Structure - B

24 Ağu 2020

On the 4H, Price has broke the trendline and comeback for a retest indicating a shift in momentum to the upside. Price has formed a new structure high and exhaust to form a new structure low with Bullish confirmation.


On the 1H, price has broke above trendline and comeback for a retest with price forming a Bullish Engulfing as confirmation followed with price coming back for a second retest indicating a potential Double Bottom. Expecting price to continue failing to break below structure and form a Bullish candle as confirmation for a potential Bullish Continuation.


On the 15M, price has formed a potential false breakout with price breakout and breakback in structure. It also seems to be forming a potential break of trendline and retest structure. Set a Buy Stop above structure high.

24 Ağu 2020

İşlem kapandı: durdurma seviyesi

Price Missed my Tp by 1 pips and retraced to hit BE