Market decision to happen
Updated
4hr update
current candle is tight, displaying much indecision in the market. heavy selling pressure halting upward trend as previously seen against this general uptrending ascending triangle - we wait for confirmation in my eyes to see which way we go from here in the short term
we were able to test 39500 pretty comprehensively provide a nice wick however this bullish momentum slowed with sellers coming down in the the afternoon session of UK time zone
current candle is tight, displaying much indecision in the market. heavy selling pressure halting upward trend as previously seen against this general uptrending ascending triangle - we wait for confirmation in my eyes to see which way we go from here in the short term
we were able to test 39500 pretty comprehensively provide a nice wick however this bullish momentum slowed with sellers coming down in the the afternoon session of UK time zone
Note
we fell out of the ascending triangle and will try move back up or major breakdown expected if we are to fall below 37549
Related publications
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.