In our last analysis, we were watching for a breakout of the descending trendline to indicate to us that we are in a bullish reversal. Once broken, price retested the descending trendline where we got our initial entry. We will be looking for further bull flags on the 15min timeframe for further entries and scalps.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.