Price broke the previous LH and made a new high. Now price has came smashing back down into that key level for a retest. If this 4H candle can close bullish then price should push up strongly. Look to target the higher high as your first TP as price could go there and make a double top for a big drop if there are not enough bulls in the market. Id recommend having two positions, one for TP:1 and another for TP:2.
Always use proper risk management!
Thank you for your support and feel free to leave any suggestions below on anything you would like me to analyze!! :)
Always use proper risk management!
Thank you for your support and feel free to leave any suggestions below on anything you would like me to analyze!! :)