Here's an hourly chart recommended on the previous Daily chart post for scalping of a likely pullback. As explained there, we were looking on H1 chart for a break of 13CCI down thru an uptrendline, shown here on chart, from 44315.
Resumption of Up trend would be a cross of CCI back up thru a down trendline on CCI, after tagging -38.2% retracement
Resumption of Up trend would be a cross of CCI back up thru a down trendline on CCI, after tagging -38.2% retracement
Note
It's reasonable to stay w Daily charts if you don't want to trade oftenNote
sorry I didnt wait for a 5th waveup to 45625 before locating -38.2%.
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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.