Trend = Bullish
we will look at the 4 hours timeframe and to me The market is trending up, we broke the High and closed above now the market has pulled back and miss with a few pips in our extreme level then started Trending up.
But also when the market was pulling back we treated a Bearish structure inside this overall Bullish Structure hence i marked as i did to show that the market could be trending up back to test the Extreme level on this inside Bearish structure.
so overall here right now we are stuck on a consolidation trending down but not yet passed this stubborn support that could still take the market back to the Top to that resistance.
we will look at the 4 hours timeframe and to me The market is trending up, we broke the High and closed above now the market has pulled back and miss with a few pips in our extreme level then started Trending up.
But also when the market was pulling back we treated a Bearish structure inside this overall Bullish Structure hence i marked as i did to show that the market could be trending up back to test the Extreme level on this inside Bearish structure.
so overall here right now we are stuck on a consolidation trending down but not yet passed this stubborn support that could still take the market back to the Top to that resistance.
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Disclaimer
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.