This is a divergence setup that I'm looking at right now as we attempt to test previous price structure support for added confluence.
This has a nice tight stop and I'm just aiming for a rise back to previous price structure as a target.
If this happens it will likely happen fast, and then I'll be looking then to shift bias back to bearish to continue on the trend it has been.
If we fail to get the rise pretty quick here, then I'll deem this setup as invalidated.
This has a nice tight stop and I'm just aiming for a rise back to previous price structure as a target.
If this happens it will likely happen fast, and then I'll be looking then to shift bias back to bearish to continue on the trend it has been.
If we fail to get the rise pretty quick here, then I'll deem this setup as invalidated.