W1 - Range
H4 - Price broke above the swing high at 39.35.
Scenario 1 - One more wave down then buys with TL breakout.
Scenario 2 -
H1 - Most recent high and TL was already broken up. We can go long as long as last low around 37.95 is holding. We can wait for another small correction and trend line to be created, and wait for a breakout to enter.
M 15 - Could it push from this level - Yes, most definitely. But it never hurts to be conservative.
H4 - Price broke above the swing high at 39.35.
Scenario 1 - One more wave down then buys with TL breakout.
Scenario 2 -
H1 - Most recent high and TL was already broken up. We can go long as long as last low around 37.95 is holding. We can wait for another small correction and trend line to be created, and wait for a breakout to enter.
M 15 - Could it push from this level - Yes, most definitely. But it never hurts to be conservative.