We currently have a head and shoulders pattern on the 4hr chart giving us a short signal down into support which if fulfilled will complete our inverse head and shoulders pattern on the daily time frame and give us a signal to go long.
Price has broken our descending trend line and is looking to go long now, but we must first wait for a pullback to our support zone/descending trend line area before we look to go long.
Price has broken our descending trend line and is looking to go long now, but we must first wait for a pullback to our support zone/descending trend line area before we look to go long.