Current Situation:
✅ Upward trend (in 15M) – Price is still making higher highs/lows
⚠️ But Caution Ahead – Approaching a 4-hour resistance zone that could trigger a reversal
Reversal Scenario (If Triggered):
1️⃣ Price rejects resistance and starts turning down
2️⃣ Breakout below minor green support
3️⃣ Sell Entry on the pullback
✅ Upward trend (in 15M) – Price is still making higher highs/lows
⚠️ But Caution Ahead – Approaching a 4-hour resistance zone that could trigger a reversal
Reversal Scenario (If Triggered):
1️⃣ Price rejects resistance and starts turning down
2️⃣ Breakout below minor green support
3️⃣ Sell Entry on the pullback
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.