High probability. What do we have here?
1. Broken trendline retest
2. Third touch of the uptrend
3. Area of support (horizontal line)
4. Continuation divergence (hidden divergence drawn on the chart.
How do we take our entry?
Go to lower timeframe h1 and even smaller tf then look for bullish reversal price action. Personally i like to use dominan break or trendline break.
Like and comment if you like this analysis.
1. Broken trendline retest
2. Third touch of the uptrend
3. Area of support (horizontal line)
4. Continuation divergence (hidden divergence drawn on the chart.
How do we take our entry?
Go to lower timeframe h1 and even smaller tf then look for bullish reversal price action. Personally i like to use dominan break or trendline break.
Like and comment if you like this analysis.
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