on hourly trend price has changed the trend and following lower low and lower high
after a recent bos price is likely to make pullback and this idea is about trading that pullback
and going counter trend
we can see price at 0.91500 can get rejection as it has a bearish order block
or the price and go little further at 0.91650 rejection another bearish order block
this trade can get activated it price is able to breakout above 0.91320 with some bullish candle patterns
the recent low can be the SL
after a recent bos price is likely to make pullback and this idea is about trading that pullback
and going counter trend
we can see price at 0.91500 can get rejection as it has a bearish order block
or the price and go little further at 0.91650 rejection another bearish order block
this trade can get activated it price is able to breakout above 0.91320 with some bullish candle patterns
the recent low can be the SL
Note
price is moving to first resistanceTrade closed: target reached
successfully done Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.