Price has already reached my third reversal line and this is where I can expect to price to close above the reversal line to hint a possible change in the direction of the trend.
Currently right now I am waiting for the price to show me a bullish reversal candle for the price to give me confluence to possible change of trend.
I am still bias with the trend moving upwards base on the market structure given by the price action.
However I will not consider the 4th Key Point Market Structure as HL if it breaks the previous structure.
Entry - 1.34683
Stop Loss - 1.33704
Take Profit - 1.36002
Currently right now I am waiting for the price to show me a bullish reversal candle for the price to give me confluence to possible change of trend.
I am still bias with the trend moving upwards base on the market structure given by the price action.
However I will not consider the 4th Key Point Market Structure as HL if it breaks the previous structure.
Entry - 1.34683
Stop Loss - 1.33704
Take Profit - 1.36002
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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.