There is currently a double bottom rejection pattern at play and price is reacting to an H4 TF demand zone. Confirmations to go long will be in this demand zone or the next one. But my money is on the current one.
Best thing to do is wait for an M15 supply to break to validate taking longs from the current demand. But the bulls are showing strength.
Best thing to do is wait for an M15 supply to break to validate taking longs from the current demand. But the bulls are showing strength.
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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.