On the daily timeframe market has broke out of the downtrend and started to form new bullish structure. Also on the daily timeframe we can see market has recently made a nice bullish impulse followed by a correction, now we are expecting the continuation to the upside and another new higher high high to form from a daily perspective... we will be waiting on the 4hr timeframe for rules to be met before entering a nice long.
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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.