@Trippyhendrix_@tradesbysci @muhammad28722 Yeah i understand the first continuation didnt make a new low, fair. But that doesnt invalidate the setup.
Use the context clues. Price also made a lower high on the daily (bearish, look for shorts). So lets try again once price breaks the daily low, I short. 👍🤝
@Trippyhendrix_@tradesbysci Well the concept is ICC, once price breaks back below swing low. In this case a daily swing low which holds higher power and is likely to be more respected, using 4h structure for SL placement for better RR. Targeting daily lows. Indication, correction, and continuation.