Retest and go of significant lows or highs seems to be the key in this market lately! Single 15min bar retest, preferably only a wick or chopsticks at the boundary time of bars.
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We just had a retest of daily high with classic 15m spike bar, top and going lower for day? Oil Inv report may have an impact, just under 12 hrs away!
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This 11 retest came only 6 hrs since last similar level high, time will tell if this is enough space for a valid, tradeable reversal.
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Confirming trigger and protective stop level - 23bar Triple Exp MA. 15m down to 4m provide great reads.
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Trade looking good! RvHi 14 tics in rear view mirror!