Period of consolidation. If we see a green 4h candle at 09:00 UTC this will instil confidence. RSI and MFI are about to cross the 50 from south to north, this will potentially indicate a bullish move. However, this is not surefire.
Note
Please note, that although Ichimoku suggests downtrend, we are talking of a shorter bullish move to possibly 1.22Note
4h candle nice and green. Bullish movement.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.