H4 Retest of broken resistance

٢٨ مايو ٢٠١٩

Price held firm on the H4 support around 1.34360.
A bullish engulfing candle was formed on the previous H4.
I waited for price to push down for a retest of the broken resistance zone then i took a buy.

٢٨ مايو ٢٠١٩

تم إغلاق الصفقة يدويًا

I saw price push down very quickly and panicked so i closed my trade thinking it would go lower but it bounced right of my entry level. I won't be looking at the lower time frames again.