Currently rejection off of the 4h pivot, although we are only 8 minutes into this 4h candle xD
Although we are back into the demand zone, the volume here is not convincing me of a strong bull break
We have some nice confluence with the pitchfork though, hopped right over the resistances, expecting a break out of it
Debating on taking a position if we retrace a little here with inversely strong momentum upwards / if a large hammer forms
We are finally above the 12 and 26 EMA though, and they
Although we are back into the demand zone, the volume here is not convincing me of a strong bull break
We have some nice confluence with the pitchfork though, hopped right over the resistances, expecting a break out of it
Debating on taking a position if we retrace a little here with inversely strong momentum upwards / if a large hammer forms
We are finally above the 12 and 26 EMA though, and they
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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.