Hey Traders;
After seeing the previous trading day spike below the low of the last bullish candle but still close back above it , we could be looking for a new leg to the upside especially into the trendline and key psychological zone that we have drawn out. The price action on the 4hr and 1hr right now are kind of ranging so it's best to wait for a break above the resistance before looking to execute with a target at the trendline area of resistance for a potential third touch
After seeing the previous trading day spike below the low of the last bullish candle but still close back above it , we could be looking for a new leg to the upside especially into the trendline and key psychological zone that we have drawn out. The price action on the 4hr and 1hr right now are kind of ranging so it's best to wait for a break above the resistance before looking to execute with a target at the trendline area of resistance for a potential third touch
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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.