on the daily timeframe we have a strong impulse to the upside followed by a retracement to the .382 fib, dropping down to the 4hr we can see market had a fakeout to the downside breaking below a counter trendline, now if the market can push up and close above previous resistance from a 4hr perspective, on the retest we can look to LONG
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.