4H - Preparing for potential setups.
Bear
-Rejection at this TL Resistance leads to Weekly support retest.
Bull
-Break through TL to test Monthly, then Pullback.
Conclusion
-Distribution will have to happen at some point, but how far can it run.
Bear
-Rejection at this TL Resistance leads to Weekly support retest.
Bull
-Break through TL to test Monthly, then Pullback.
Conclusion
-Distribution will have to happen at some point, but how far can it run.
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.
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.