THE PROBABLE VS THE POSSIBLE
This is how I think going into trades. There's 2 scenarios to every trade and I like to prepare for both of them to optimise on the opportunities in the market. Here I'm looking for a LONG opportunity. But a SHORT could easily be in play. I'm looking for confluences to make this trade more valid and in my favour!
-Break and Retest previous level of structure
-Bullish candle closure
- A break and close above the 40EMA
-The Retest off of a fibonacci level.
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