Use this as a guide to develop your view of the situation:
Main items we can see on the 4HS chart
a)The price was on an ascending channel
b)After that, a Huge correction came
c)Currently, we are making an analysis inside the Huge Correction
d)We can see a Descending trendline inside the huge correction that has been broken
e)Now we can see a Throw-back, and we expect a bullish movement towards the 4HS Target
f)Our Bullish Target is 114.00
Main items we can see on the 4HS chart
a)The price was on an ascending channel
b)After that, a Huge correction came
c)Currently, we are making an analysis inside the Huge Correction
d)We can see a Descending trendline inside the huge correction that has been broken
e)Now we can see a Throw-back, and we expect a bullish movement towards the 4HS Target
f)Our Bullish Target is 114.00
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.
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.