


endtrader18
The 4 hour chart is currently exhibiting a clear downtrend. This bearish momentum reached a strong daily resistance level. Unless price action can decisively break above this resistance, the trend is likely to persist in favor of the bears.
Strong resistance in the daily chart that supported 4 hour triple top lead me to a sell opportunity.
After losing my afternoon buy trade to the Bears. Bulls found a new support zone in the daily chart, reacting to A strong 1 hour chart candle closing bullish. 4 hour chart supply me with an uptrend that also had the 1 hour chart candle closed strong for A buy opportunity.
1h uptrend following A 4 hour support, EMA provided support as well.
Bullish flag pattern formed and confirmed after the bears push the market below 4 hour chart low.
The 4hr chart supported the 4hr chart uptrend that gave the Bulls control for long opportunity.
Double retest from the 4 hour chart let’s see how this play out.