Hey people, welcome back! I got an idea for the EG chart I want to share. My overall bias is bullish for the following reasons:
-Price was in an overall bearish trend but there is an emerging bullish trend
- Price has consolidated in an ascending triangle often associated with bullish pressure
-The development of higher lows in the market generated by weak pivot low
-Price is in an overall bullish trend evidenced by high lows on D1
-There is bullish OB's (order flow) on H4
If you agree with my ideas please subscribe to my TV. Happy trading!
-Price was in an overall bearish trend but there is an emerging bullish trend
- Price has consolidated in an ascending triangle often associated with bullish pressure
-The development of higher lows in the market generated by weak pivot low
-Price is in an overall bullish trend evidenced by high lows on D1
-There is bullish OB's (order flow) on H4
If you agree with my ideas please subscribe to my TV. Happy trading!