4 Hour Time Frame
* Price rejected at 801.327
* 801.327 is a structural significant level
* During the rejection I see Morning Start Candle Stick Pattern
1 Hour Time Frame
* Price forms HL at 811.671
* Price makes impulsive buy then forms HL @ 813.184
My position is a buy because price failed to break the previous HL @ 811.671 with a 1 hour candlestick showing Low Test candle.
We are in a up trend!
* Price rejected at 801.327
* 801.327 is a structural significant level
* During the rejection I see Morning Start Candle Stick Pattern
1 Hour Time Frame
* Price forms HL at 811.671
* Price makes impulsive buy then forms HL @ 813.184
My position is a buy because price failed to break the previous HL @ 811.671 with a 1 hour candlestick showing Low Test candle.
We are in a up 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.