Initial Idea playing out, now looking to reach the Highs
Gave out two Ideas last week one where I was calling the bottom and one where we could have a potential sweep. 4H structure never changed bearish so there was no reason to short hence the first trade Idea is playing out.
The last 4H candle only broke the previous candle low which indicates to me that the 4H is pulling back. There are several areas we can look to continue long so I'm going to wait for lower timeframe confirmation to look for an entry
There is a slight chance that price can continue going up without giving us a decent pullback of at least 50%
Follow what the market shows you and get married to any particular idea.
The last 4H candle only broke the previous candle low which indicates to me that the 4H is pulling back. There are several areas we can look to continue long so I'm going to wait for lower timeframe confirmation to look for an entry
There is a slight chance that price can continue going up without giving us a decent pullback of at least 50%
Follow what the market shows you and get married to any particular idea.
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