Weekly and Daily shows bullish trend. Price needs a support beam for the continuation of the bullish trend, if price is unable to find a support beam then it will result to a deep pull back toward the 4hour 40EMA. Fair Value Gaps (FVG) in the M15 before the demand zone(support beam). Price should not close below the M15 demand zone. Wait for a reversal candlestick on the demand zone supported with by a 20EMA cross above the 40EMA in the M1 chart.
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.