daily; bullish trend line, the price has been rejected from the same supply/demand zone twice, and we have an engulfing daily bullish candle which means there are a lot of bulls stepping in into the market.
4h; price finally broke that range with those 2 momentum candles, my current confirmation is that the price is above the ema's but I am still waiting for a complete break of the s/r zone with a momentum candle then I will instantly go to 1h for an entry if my risk to reward is good
SL: previous HL
TP; previous HIGH
sentimentaly 54% retail traders are short so m confident wth my long but again always thinking of probabilities anything can happen at any moment, manage ur risk to reward.
4h; price finally broke that range with those 2 momentum candles, my current confirmation is that the price is above the ema's but I am still waiting for a complete break of the s/r zone with a momentum candle then I will instantly go to 1h for an entry if my risk to reward is good
SL: previous HL
TP; previous HIGH
sentimentaly 54% retail traders are short so m confident wth my long but again always thinking of probabilities anything can happen at any moment, manage ur risk to reward.
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