Judging the weekly and daily timeframe we can see the overall momentum is still bearish. Short term momentum is to the upside having had a nice sugre of the huge monthly rejection zone where pending buy orders would have been sitting.
Both scenarios directed via the arrows require a 4H break and significant continuation pattern before taking to the upside.
Trade safe
Kind regards,
Sunny Kumar
Both scenarios directed via the arrows require a 4H break and significant continuation pattern before taking to the upside.
Trade safe
Kind regards,
Sunny Kumar