close outside the L-MLH and a Test/Retest.
Since we only can play the probabilities, this is mechanical trade I'l do whenever it shows up.
Yes, it's a counter trend trade, because the prevailing trend is up. But it's also a clear sign of weakness and price want's to travel to the WL1.
Have you already booked your free ForkTrading BLUEPRINT?...if not, it's time to learn something new ;-)
Read the footer of this post.
...let's ride this wave hehe...
Here's the Daily for amusement:
TradingView Blog: http://www.forktrading.com/tradingview-blog
Thanks for sharing.