2hr 24mins until 4hr close
If this 4hr candle can form a bullish engulfing by close, its possible to form a base here and stop the bleed. The lower 1hr failed and its propped up but by lower timeframe trends... its not looking good but at least it means with the forward moving pressure of time, the trend will eventually break and support trends will form the bottom part of a hockey stick.
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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.