we can see here price broke out of major uptrend we need 3 things to happen , we need to retest the trendline or give a a continuation pattern if it decides to shoot down and we need to use a higher tf such as daily or h4 for the retest as this is a major uptrend break, smaller Timeframes will be difficult to judge weather the retest is valid ie: candlestick strenght ect
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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.