This is a simple break and retest trade.
- We have a 4hr candle close above the resistance zone .
- Wait for a pullback and a retest of this zone.
- Wait for a rejection on the 1 hour or 30 min chart.
- Wait for price confirmation either an engulfing bar or pinbar .
- Buy
Let me know your thoughts on this one!
Thanks
- We have a 4hr candle close above the resistance zone .
- Wait for a pullback and a retest of this zone.
- Wait for a rejection on the 1 hour or 30 min chart.
- Wait for price confirmation either an engulfing bar or pinbar .
- Buy
Let me know your thoughts on this one!
Thanks