This 4hr chart shows that price is trending strongly in the bullish direction. Respecting and reacting to both the daily support zone and the long-term bullish TL. So my bias is for a buy but I need pullback.
For me to buy, I need sellers. That pullback on 4hrs will be a sellers trend on lower timeframe. So the next chart will show the sellers trend.
For me to buy, I need sellers. That pullback on 4hrs will be a sellers trend on lower timeframe. So the next chart will show the sellers trend.
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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.