Look for a bounce from L3 or a breakdown from L4. if playing long from L3 stoploss at L4
If short from L4 break, stoploss at L3
targets for l4 break is l5. targets for l3 area bounce are h3 – h5
If short from L4 break, stoploss at L3
targets for l4 break is l5. targets for l3 area bounce are h3 – h5
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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.