Price looks like it geared to continue to the upside in the short-term - Price makes an double bottom on 1 HR - Price is in ascending channel to the upside - Market structure is signaling upside (price does break two internal lows but fails to break swing low) - Price is anticipated to pull back to 1 HR OB and continue to upside to 8 HR OB
THIS IS SHORT TERM AS PRICE ACTION AND MARKET STRUCTURE APPEAR THAT DOWNSIDE IS THE REAL MOVE.
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.