The 4-hour timeframe continues to move without the slightest hint of a context change. The price elegantly clears any weak liquidity beneath it and then updates the highs. Going forward, we would like to see a pullback to cover imbalances below, followed by a subsequent high update.
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.