- Daily candle bullish engulfing
- H4 structure invalid break for LL, consolidating
- H1 BOS to upside valid,
- valid m15 BOS to upside
Confluence H1 Trendline, H4 MA, H4 random line support
Risk: 20 pips estimate, H4 consolidating
Target: 1.275
Trade closed manually:
valid M15 BOS to downside after tapping 1.272, exit @ 1.2695 +30 pips
Comment:
Price ended up hitting target level 1.275ish, but there was a valid m15 BOS to downside @ london open 6/5. Valid exit