Strong daily area of resistance has been reached, we can therefore anticipate a rejection on this zone even when going down to the H4 time frame.
As confirmation, we will wait for the rejection at resistance and a retest of the resistance on the H4 before we plot our entry to the down side.
Good luck.
As confirmation, we will wait for the rejection at resistance and a retest of the resistance on the H4 before we plot our entry to the down side.
Good luck.
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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.