A break of structure is first sign of strength which would be a bullish candle breaking 3.17. I am looking for a 3.17 push through, with high volume in compared to last candles on the 1hr time frame. Once a break of 3.17 occurs, I need a retest of the 3.17 area with another bullish candle to confirm my entry long. I will be looking to take minor profits as price moves through key supports of 3.2,3.23,3.3. Once they have been pushed through I will hold and take profit as I see fit. My tight sl will be 3.13. I will not be looking at wicks. I will strictly be looking at candle bodies.
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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.