Triple bottom or inverted head and shoulders.. however you want to chop it up regardless of the term to categorize it the main thing that is important is that the neck line is broken. Daily downtrend slowing down with H4 breaking structure and starting to retrace. now that we have the neckline broken on H4 we can look for a buying opportunity and catch some pips riding out structure till it hits the daily targets (yellow boxes). I'm waiting for the HH to finish and the h1 retrace to begin before I can enter but once structure breaks back to the upside on the H1 ill be LONG and holding till TP or until I can't maintain the order anymore.
Transaction en cours:
Now waiting for H1 or M30 to Break Structure to the up side creating a HH then entering
Trade fermée manuellement