Dear Investors
I am currently observing price action on the H1 Timeframe
Yesterday, price tested the active demand structure around 1220 before reacting in a bullish manner
I have also identified a micro accumulation box, and price has broken out to the upside.
These are the 2 potential scenarios which I am looking out for;
1; If price stays above this accumulation box, then on the retest, we could see a bullish continuation
2; If price breaks below this accumulation box, then on the retest, we could see a bearish continuation.
Let's stay patient and Execute on confirmation
Have a blessed And profitable Week
I am currently observing price action on the H1 Timeframe
Yesterday, price tested the active demand structure around 1220 before reacting in a bullish manner
I have also identified a micro accumulation box, and price has broken out to the upside.
These are the 2 potential scenarios which I am looking out for;
1; If price stays above this accumulation box, then on the retest, we could see a bullish continuation
2; If price breaks below this accumulation box, then on the retest, we could see a bearish continuation.
Let's stay patient and Execute on confirmation
Have a blessed And profitable Week
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.
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.