UNDERSTANDING STRUCTURE & HOW THEY BEHAVE

Hi guys,

I got a request to look at this chart and I am posting it because the structure is great! Nice opportunities on this one. I will update on lower time frame.

Thank you for your support.

Comment:

Price is trading in the breakout level. Will price test bottom of structure before the breakout? Or trade within the range to the downside? I guess we will soon find out.

Comment:

Lots of buying pressure today, I think this could be the rally waited for. If not now, I think the trade will be invalid.