I dont like trading anything lower that 4H chart unless it is Gold this is because on the higher timeframes gold has just been having a massive bullish run so i will trade the smaller timeframes to find entry's like this.
We can see that once price broke this strong resistance it then came down to test it as support before price will carry on with its bullish run.
This is a very simple setup, but the simple ones are always the best.. Thats what my shrink tells me anyway hahaha.
If you would like help with trading then send me a message.
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