As expected price made a lovely rejection from the bottom of this consolidation zone and break out to the upside showing that we could be in for a longer term trend change. Ill be looking for price to make a pullback from the bullish move and look at catching the continuation leg to the upside. Wait for the best risk reward and follow market structure, price more then like always gives you a second chance to get into a trade so always stay patient!!
@jamison_fx, already happening but i think price will retrace deeper into the zone to tap into a more premium order block. Nice work, will be waiting for your update.
jamison_fx
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@Joel_999, yeah could be the case, starting to reject off a 61% retracement right now, its late where I am so ill be offline but id be waiting for a solid bullish 1 hr candle for entry.