bounce trade:
- Overextension to the downside
- touching key support level from strong trendline
- Overextension to the downside
- touching key support level from strong trendline
Note
On the 15 min chart, we can see a triangle forming. if it breaks up, then the trade has a confirmed entry:Note
break and retest to the downside! short entry:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.