The re-test of the previously broken structure is fully complete. The price is around local support zone and we can see that the bears are losing power here. A strong H4 candle push to the upside proved that the bulls have the full control of the situation here. We have opened BUY positions and are now patiently waiting for the price to keep rising and reach the areas plotted out on the graphic.
Happy trading, everyone!
Happy trading, everyone!
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Related publications
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.