Price is gaining momentum on the 4 hour. Price is approaching a minor resistance zone where price has previously acted on the level. Price needs to retest and show that it can break the minor resistance zone before entering a short trade. Waiting for more price action to confirm.
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.