- break of MONTHLY
- Daily Support established on an overall uptrend
Up next price could retrace to form the next Higher Low (HL) in Market Structure before printing a new Higher High on the . This Daily Higher Low after a break of a Monthly would be a superb risk/reward opportunity. Entry would be on the lower timeframes such as M5/M15 once price enters an area of Demand and the show price is ready to transition back into the overall uptrend and buyers are in control.
- Market Structure & Price Action
- Major Market Patterns
- Exhaustion Zones
- analysis (Multi-Timeframe Correlation)