H4 chart conducted the SYMMETRICAL TRIANGLE which is a bullish
In the mean time the price form CISD reason being
1. the price broke the recent high with red arrow
2. price has swept the liquidity with green arrow
3. Broke with large candle representing high volume traded. Mean the institutions are in play
4. Has pull back to the original breaking price
With 4 conditions met, the CISD concept is align and it consider bullish trend.
1. the price broke the recent high with red arrow
2. price has swept the liquidity with green arrow
3. Broke with large candle representing high volume traded. Mean the institutions are in play
4. Has pull back to the original breaking price
With 4 conditions met, the CISD concept is align and it consider bullish trend.
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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.