Long term trend is higher. The 4 hour trend was bearish but broke a trendline so the long term and short term are now in sync (bullish). Looking for a retracement to the demand zone that broke the trendline and a retest of the highs. That daily Supply area has been tested multiple times and with each test produced a weaker retracement.
Trade active
Trade closed: stop reached
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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.