At the beginning of this week, we saw strong bullish impulse moves to the upside, and price broke a daily level of resistance.
Now, price is coming back to retest this level as support. Focus your eyes on the wick rejections at the level.
These 4hr candles are in a way rejecting the daily level. We will wait for a strong bullish close to put us in for buys. A nice 100 pips move on the way. Trade Safe.
Now, price is coming back to retest this level as support. Focus your eyes on the wick rejections at the level.
These 4hr candles are in a way rejecting the daily level. We will wait for a strong bullish close to put us in for buys. A nice 100 pips move on the way. Trade Safe.
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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.