In my previous update I highlighted a key level to watch.
That level has now been cleanly reclaimed with a strong 4H candle close, confirming strength.
Since then, we’ve seen a 50% retracement, which is a healthy pullback after the impulsive move.
With this structure in place, I’m switching my bias to bullish.
Context
Key level successfully reclaimed
Strong 4H close confirms acceptance
50% retracement completed
Multiple long setups already shared align with this higher-timeframe context
Are you positioning with the higher-timeframe bias or still waiting for confirmation? 📊👀
Please share your toughts
MrC
That level has now been cleanly reclaimed with a strong 4H candle close, confirming strength.
Since then, we’ve seen a 50% retracement, which is a healthy pullback after the impulsive move.
With this structure in place, I’m switching my bias to bullish.
Context
Key level successfully reclaimed
Strong 4H close confirms acceptance
50% retracement completed
Multiple long setups already shared align with this higher-timeframe context
Are you positioning with the higher-timeframe bias or still waiting for confirmation? 📊👀
Please share your toughts
MrC
Note
no change in plan. 4hr should hold. 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.
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.
