That wick high in H4 needs to be taken and before that happens, price should pullback (sell) to 2396 then if that zone holds it means price should bounce from there to likely take that high... we'll then see what price does next from then.
Total move
Probable sell to 2396 from current zone- 150 pips
Probable buy it the zone holds from 2396 to take the high at around 242something - 300+ pips
I advise using your discretion before trading, do your due diligence, make sure this idea serves as another confluence for you, if not then don't worry about it...I send signals here rarely, check my channel for past trades.
Confluences (Reason for signal)
1. Proper market structure
2. Precise price action
3. Bullish wedge
4. Awaiting pullback due to the fact that price has been Overbought
Total move
Probable sell to 2396 from current zone- 150 pips
Probable buy it the zone holds from 2396 to take the high at around 242something - 300+ pips
I advise using your discretion before trading, do your due diligence, make sure this idea serves as another confluence for you, if not then don't worry about it...I send signals here rarely, check my channel for past trades.
Confluences (Reason for signal)
1. Proper market structure
2. Precise price action
3. Bullish wedge
4. Awaiting pullback due to the fact that price has been Overbought
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