Price hits the 4h support area. There should better be a bounce here else we are heading towards daily support. This 4h support has been tested so many times and there is a higher probability that it may break this time.
It will very likely bounce significantly from daily support but it may also bounce from the trend line which will meet the price somewhere around 1916. But I think it might shoot under to daily support before a significant bounce.
It will very likely bounce significantly from daily support but it may also bounce from the trend line which will meet the price somewhere around 1916. But I think it might shoot under to daily support before a significant bounce.
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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.