Conditions for entry If:
1) If price pulls back to the 100 period without violating its most previous major low, I will be looking for long positions.
2) I will also be looking for long positions if price can pull back into one of the yellow zones shown on the chart below.
3) Price breaks above its most recent high followed by a shallow retest while showing signs of strength. There must be heavy on the break above the most recent high in order for me to look for entry on the retest.
Please check out my idea- "How to read structure (Charts) Tutorial. Charts 1-5" if you would like to know more about how I read structure to identify trading opportunities. I hope this idea was helpful! Please comment below with your analysis or any questions you may have regarding this setup. Thanks traders and good luck trading!