Buying from this trendline support

Targeting atleast 50% retracement from swing that broke structure.

Commento:

market shifts to bullish gears

Commento:

I just noticed the price reacted at the weekly OB also. Coincidently it was a 50% pullback from 191.4 Swing High & 185.2 Swing low. Interesting I only noticed this weekly OB and 50% retracementpoint just now.
There was a trendline(4hchart) and I thought it was enough as a support/reversal point and did not make a much further in-depth analysis.

Commento:

Scenario 2 in play

Trade chiuso: obiettivo raggiunto:

Commento:

Idea went better than expected! 50% retracement target reached