please understand this is a short trade not a swing trade. yesterdays daily candle closed beautifully with a lot of bullish pressure which price might want to act out again today. so far since markets opened, price has rejected to go lower and no our h candle has closed bullish which has high chances of pushing price higher. if price manages to hold the low that was created around 1824.28 and creates a new high we should see price reach our target as we have clean traffic to the left.
our signals- a. inside bar on the h1 timeframe, b. h4 closed bullish
confirmation- we need a candle to close bullish above 1830.56
our signals- a. inside bar on the h1 timeframe, b. h4 closed bullish
confirmation- we need a candle to close bullish above 1830.56
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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.