Price has now closed the gap previously set, and is now on a strong level of support on the 1hr chart. I will be watching this level closely for possible reversal signs and a push higher as this may be a longer term plan.
- 1d trend change confirmed
- Support level being tested
- Watch the 15min chart for price action to confirm
- Scalp the entry
Thats the plan.
We may push lower, which would involve breaking current support and retesting for next leg lower.
- 1d trend change confirmed
- Support level being tested
- Watch the 15min chart for price action to confirm
- Scalp the entry
Thats the plan.
We may push lower, which would involve breaking current support and retesting for next leg lower.
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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.