The 1 hour chart indicated a bull flag.
We later had a price movement above the bull flag but got rejected at resistance at dollar 7600.
The bottom of the bull flag is at around dollar 7470.
Waiting for confirmation before doing a trade.
1. Price movement above resistance at dollar 7600 and the 1 hour chart to close above it.
2. Price movement below support at dollar 7450 and the 1 hour chart to close below it.
We later had a price movement above the bull flag but got rejected at resistance at dollar 7600.
The bottom of the bull flag is at around dollar 7470.
Waiting for confirmation before doing a trade.
1. Price movement above resistance at dollar 7600 and the 1 hour chart to close above it.
2. Price movement below support at dollar 7450 and the 1 hour chart to close below it.