If we want to build a bullish scenario, price has to respect some levels in 4H to build the support for a run. remember support or resistance levels of 4H are not as strong as the levels in higher timeframes, those levels help us to identify possible change in the trend. if you want to place a long position base on 4H your target must be accordly with the time frame.
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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.