Price action would state we are correcting from initial push to the upside. On the daily timeframe we are still in bullish territory and if we create higher highs on the 4H with a valid retest we can expect price to re-test the highs as directed.
If we switch momentum via breaking of the daily support we can expect price to move as directed.
Trade safe!
Sunny Kumar
If we switch momentum via breaking of the daily support we can expect price to move as directed.
Trade safe!
Sunny Kumar
Note
Trade hasn't confirmed. Patience pays. Either way , we will look to capitalise !!!!!
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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.