The price broke out a few times out of the daily resistance, but always came back again.
The H4 trend channel was broken.
The price also made 2 equal highs and the third one was a lower high then the previous one.
We can also see now, that the price not only made a lower high, but also a lower low.
TP is located i the lower H4 zone. SL is above the last big spike.
The H4 trend channel was broken.
The price also made 2 equal highs and the third one was a lower high then the previous one.
We can also see now, that the price not only made a lower high, but also a lower low.
TP is located i the lower H4 zone. SL is above the last big spike.
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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.