List of confluences:
1: Trendline breakout
2: Falling wedge breakout
3: Potential breakout of key level and change from bearish to bullish.
We look at the higher time and can see that the pair remains bullish.
This is the reason we are looking for only buying opportunities so that
we trade with the trend and not against it.
1: Trendline breakout
2: Falling wedge breakout
3: Potential breakout of key level and change from bearish to bullish.
We look at the higher time and can see that the pair remains bullish.
This is the reason we are looking for only buying opportunities so that
we trade with the trend and not against it.
Order cancelled:
We didn't see a breakout as per our trading rules. The reward was not enough so we decided not to tale trade.