Price is currently at a strong 6H support zone. We can see multiple signs of rejection which indicates that price could possibly respect this area again without breaking through it. Drop to a lower time frame and look out for a reversal pattern before entering a bullish trade. Happy trading!
Trade closed manually
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.
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.