Price has broken structure and we can now say we are in a bullish trend on the 4H.
When this happens, we expect price to pullback before continuing the trend. This means there's now a short trade possibility on the lower timeframe such as 15m.
When this happens, we expect price to pullback before continuing the trend. This means there's now a short trade possibility on the lower timeframe such as 15m.
Komen:
We're looking at possible continuations here. Keep in mind that we are past the BoS on the 4H so we'd be taking very short term trades on the 15m.
