The Daily timeframe shows a strong engulfing bullish candle, indicating a bullish trend in building up.
at 1Hr timeframe, a bullish flag formation is creating a retracement, possibly till 50/61.8% Fib level, before breaking the flag and continue up.
Let's look at these AOIs and check for a candle confirmation to take long trade.
Good Luck!
at 1Hr timeframe, a bullish flag formation is creating a retracement, possibly till 50/61.8% Fib level, before breaking the flag and continue up.
Let's look at these AOIs and check for a candle confirmation to take long trade.
Good Luck!
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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.