price is in a bullish trend also price broke resistance and has retested as support with a strong wick to the downside which means sellers are weak at the moment and buyers are looking to push price higher
its at a powerful H4 demand area in which you can see a lot of buying pressure also price has failed numerous times to break that low which means buyings are holding that demand and support area for a possible bullish move to the upside.
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On the 1 hour timeframe price has created a bearish trend. however on the 4 hour timeframe price is still in a overall bullish trend. this potential trade is just a sell off before the big bullish push again.
H1 Bearish trend, Price broke support and is now retesting that support as new resistance. I Am looking for sellers to hold price at the resistance and as buyers fails to break resistance price will then continues that bearish run.
price broke out of bullish trend on 1 Hour time frame and is now creating lower-high and lower-lows. price is also breaking support level and retesting those level as resistance to keep that bearish move going .
price broke out of bearish trend on 1 Hour time frame and is now creating high-high and higher-lows. price is also breaking resistant level and retesting those level as support to keep that bullish move going.