Sky looking like a safe entry with a clear stop/loss. Good risk/reward ratio
upwards the 4 hr break level is touched and attacked several times downwards the 1 hr break level is attacked multiple times although there is support from a 4 hr uptrend from the past.
There is a current suppression in time from a 4hr downtrend which is in a beginning state of a trend reversal, making up the start of what seems to be an uptrend laddering.
Take a stop loss on the hourly break level ( full light blue line) and a safe profit target on the yellow - - - line at 201 sats
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.