Hey guys,
just wanted to let you know what i'm looking for these days. On the Pound we've broken a major structure level (resistance) where we managed to find a successful trading opportunity last week (see attachment). Now that's been broken, i changed my mind and i want to go with the trend to the upward direction. For this purpose, i've outlined the resistance level hoping for it to become new support. Now i'm waiting to see price action reaching this level in order to search for trading opportunities on 4hr and 1hr charts.
If you want to share your idea or comment, feel free to write below.
Otherwise, see you in the next chart!
just wanted to let you know what i'm looking for these days. On the Pound we've broken a major structure level (resistance) where we managed to find a successful trading opportunity last week (see attachment). Now that's been broken, i changed my mind and i want to go with the trend to the upward direction. For this purpose, i've outlined the resistance level hoping for it to become new support. Now i'm waiting to see price action reaching this level in order to search for trading opportunities on 4hr and 1hr charts.
If you want to share your idea or comment, feel free to write below.
Otherwise, see you in the next chart!
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