A good trading opportunity near monthly support targeting our Daily LH for a longterm tp of 1.72. TP 1 targeting our channel high
We are riding alongside bullish momentum. Within this bullish channel, we are jumping in at previous 4h resistance. Daily closed above previous open which reinforces my bullish bias.
At the time of publication, we have had a successful break of structure on 15m. Which validates this prize zone as support. Remain vigilant. I will be watching for successful transitions to 1h and to 4h. If we do not see transitions on higher time frames we will partial and move our stops to break even.
Have a great trading week!