Hello Traders!
Here we can see price breaks a swing high.
This makes be think bullish "momentum". However, I must see a higher swing low form.
We do get a higher swing low and it's 3rd candle's high has been broken.
This is where I look for buying opportunities now.
Simplest thing to do is buy below M.O.P or buy below tight range Asian session low.
This could be a turning point back to higher prices.
Here we can see price breaks a swing high.
This makes be think bullish "momentum". However, I must see a higher swing low form.
We do get a higher swing low and it's 3rd candle's high has been broken.
This is where I look for buying opportunities now.
Simplest thing to do is buy below M.O.P or buy below tight range Asian session low.
This could be a turning point back to higher prices.
Related publications
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.
Related publications
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.