Waiting for price to break xxx.xxx before Trading
EDIT: For the buy, the TP 1 is where 2 should be, and 1 isn't labeled...
I am waiting for price to break the high or low of the inside bar candle, at the moment it looks bullish on the H4, but on the daily, it looks bearish, though it is still above the possible daily reversal pattern neckline, but since this IB was formed on a Friday afternoon I am leaving it and waiting for a breakout and then I will wait for an IB after the breakout (Monday afternoon) to confirm the direction.
I am waiting for price to break the high or low of the inside bar candle, at the moment it looks bullish on the H4, but on the daily, it looks bearish, though it is still above the possible daily reversal pattern neckline, but since this IB was formed on a Friday afternoon I am leaving it and waiting for a breakout and then I will wait for an IB after the breakout (Monday afternoon) to confirm the direction.
