See Pciture for analysis.
Higher Timeframe (4hr)
-Price reacting off of 4hr demand
-Trend - uptrend
-Price above 200MA
-Look for buys
Lower Timeframe (30minute)
-Price broke downward 30-minute trend line
-Price removed opposing 30-minute RBD supply
-DBR created
-Waiting for a pullback into demand
-Already 2x other opportunities.
Higher Timeframe (4hr)
-Price reacting off of 4hr demand
-Trend - uptrend
-Price above 200MA
-Look for buys
Lower Timeframe (30minute)
-Price broke downward 30-minute trend line
-Price removed opposing 30-minute RBD supply
-DBR created
-Waiting for a pullback into demand
-Already 2x other opportunities.