This is a simple momentum play. I put the entry, stop at the control low and target 1 around previous high.
The entry zone is a bit wide and it needs to zoom in the smaller timeframe and have a trigger!
Trigger: 5m reversal pattern, e.g. bullish engulf pattern
The entry zone is a bit wide and it needs to zoom in the smaller timeframe and have a trigger!
Trigger: 5m reversal pattern, e.g. bullish engulf pattern
Note
I just got up and identified the pattern on 5m again. I didn't trade it cuz pullback trade require you to be in front of the screen. 
plan your trade and trade your plan
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plan your trade and trade your plan
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.