This is a market we have been charting and discussing heavily in recent times.
Whilst price has now moved through a period of sideways consolidation, it could be looking to make its next serious move.
As the attached 4 hour chart shows; price is testing an important intraday resistance level.
If this gives way price could quickly move back into the recent swing high before once again testing the major resistance level.
Thanks for your like and support
Whilst price has now moved through a period of sideways consolidation, it could be looking to make its next serious move.
As the attached 4 hour chart shows; price is testing an important intraday resistance level.
If this gives way price could quickly move back into the recent swing high before once again testing the major resistance level.
Thanks for your like and support
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.
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.