H4 - We can now start looking for pullbacks to short as the breakout of the up trend line has happened.
Two possible Scenario in M15:
Double wave correction – followed by trend line breakout for a sell.
Flat correction – followed by break of the range for a sell.
As long as the last high is holding we can look for shorts using the double trend line principle.
Two possible Scenario in M15:
Double wave correction – followed by trend line breakout for a sell.
Flat correction – followed by break of the range for a sell.
As long as the last high is holding we can look for shorts using the double trend line principle.