H4 - Looks like special cycle is completing itself, price reached the magnet zone, we have bullish divergence.
If the price moves higher and if we get more bullish evidences in the form of false break and trend line breakout.
We may then start looking for buys expecting the price to move higher until it reaches the 38.2 - 50% fibo retrace zone.
If the price moves higher and if we get more bullish evidences in the form of false break and trend line breakout.
We may then start looking for buys expecting the price to move higher until it reaches the 38.2 - 50% fibo retrace zone.
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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.