Confluences
- Higher timeframe bullish market structure
- Strong daily bullish engulfing candle, todays candle currently pulling back to leave a wick
- Bullish impulses followed by bearish corrections with price forming higher highs and higher lows
- Break of descending channel
- Higher timeframe bullish market structure
- Strong daily bullish engulfing candle, todays candle currently pulling back to leave a wick
- Bullish impulses followed by bearish corrections with price forming higher highs and higher lows
- Break of descending channel