Potential Long Swing Position Following the HTF Bullish Move
We've been bullish for a while now, but price made a correction of that move just yesterday
and it swept a lot of buy orders so in theory it has the fuel to continue up from here
We are just waiting for it to mitigate a high probability area of demand, and that blue area looks good because it swept liquidity and made a new BOS to the upside on 15m
also, that area mitigated previous demand which gives us more confluences for our trade idea to work out
and since that area looks messy we can't execute on 15m, so we have to wait for LTF confirmations and better RR
4h target
and it swept a lot of buy orders so in theory it has the fuel to continue up from here
We are just waiting for it to mitigate a high probability area of demand, and that blue area looks good because it swept liquidity and made a new BOS to the upside on 15m
also, that area mitigated previous demand which gives us more confluences for our trade idea to work out
and since that area looks messy we can't execute on 15m, so we have to wait for LTF confirmations and better RR
4h target
Kommentera:
Called it, but no entry bcs price didn't come back to my entry
