Structure is bullish. We got a BOS to the upside on the 4H and that's the baseline until proven otherwise. I'm not looking for shorts right now.
Price has pulled back to the 0.5 retracement of the full swing range. Clean discount zone, exactly where buyers should show up if this move has legs. The 0.71 sits just below as a deeper level if we get one more push down before reversing.
Not entering yet though. I want to see a lower timeframe shift in momentum before committing. A reclaim of this zone with intent is what I'm watching for.
Bias is bullish. Looking for longs, not sells. Will update when I see confirmation.
Not financial advice. Manage your risk.
Price has pulled back to the 0.5 retracement of the full swing range. Clean discount zone, exactly where buyers should show up if this move has legs. The 0.71 sits just below as a deeper level if we get one more push down before reversing.
Not entering yet though. I want to see a lower timeframe shift in momentum before committing. A reclaim of this zone with intent is what I'm watching for.
Bias is bullish. Looking for longs, not sells. Will update when I see confirmation.
Not financial advice. Manage your risk.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.