- Daily candle showing weak bull candle after bullish engulfing
- H4 structure downtrending and retraced deep
- valid H1 BOS with m30 confirmation, waiting for entry because H4 is consolidating and i need a m15 BOS
Confluence Daily MA, Daily level, 88.6 PRZ,
Risk: 15-20 pips because H4 is consolidating
Comment:
During the trade, H1 broke structure to the upside. Both m15 and m30 broke structure to the upside before falling. These were valid exit signals for me (especially H1).