H4 - Bullish convergence, we may now look for pullbacks to happen and then we may expect the price to create one more push higher.
We may expect the price to move higher until it reaches the critical zone.
H1 - We have two waves up with bearish divergence.
We may now look for pullbacks to happen from the current zone towards the critical zone and then we may start looking for buys with more bullish evidences.
Alternatively if the price creates a special cycle then we are going to see short term pullbacks and then continuation for one more leg. We may then look for deeper pullback in two waves, and then we may look to join the bulls with bullish evidences.
We may expect the price to move higher until it reaches the critical zone.
H1 - We have two waves up with bearish divergence.
We may now look for pullbacks to happen from the current zone towards the critical zone and then we may start looking for buys with more bullish evidences.
Alternatively if the price creates a special cycle then we are going to see short term pullbacks and then continuation for one more leg. We may then look for deeper pullback in two waves, and then we may look to join the bulls with bullish evidences.
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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.