Daily Bearish, with price reacting off a Daily Supply POI.
4H: has been Bullish with demand in control, price recently turned Bearish but has now re-entered a Bullish leg
1H: Price is Bullish as it has recently broken 4H and 1H structure to the upside, The low should be protected as it broke the high whilst also producing a demand range.
Potential Risk entry to catch the demand and move back to the upside.
4H: has been Bullish with demand in control, price recently turned Bearish but has now re-entered a Bullish leg
1H: Price is Bullish as it has recently broken 4H and 1H structure to the upside, The low should be protected as it broke the high whilst also producing a demand range.
Potential Risk entry to catch the demand and move back to the upside.
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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.