right now the price is flirting with the upper boundary of the 4H cloud. the Momentum is not helping and looking into the DMI there is a slight gap between DI- and DI+ which could be interpreted as equal balance between sellers and buyers. every body is expecting a great move in coming hours or maybe days and it could in either direction. personally i would not open any position right know.
this is not financial advice and i am not certainly qualified to give such advice, so do your own homework and trade safe.
this is not financial advice and i am not certainly qualified to give such advice, so do your own homework and trade safe.
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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.