Possible ICI set up #EMC
Price is bouncing off the top of a bullish M Channel. Last week was a nice pullback.
Looking for price to continue bearish at a minimum to the middle of the M Channel area.
M = monthly
Price is bouncing off the top of a bullish M Channel. Last week was a nice pullback.
Looking for price to continue bearish at a minimum to the middle of the M Channel area.
M = monthly
Trade attivo:
The 4H has closed above previous structure. Price may be reversing bullish at this point. However initial idea has been violated for drawn zones by the Daily bullish pressure. Will continue to monitor.
Trade chiuso: stop raggiunto:
Price didn't continue bearish. Stops would've been hit if I was in a trade.