On the Daily Timeframe, price moved out from an Area of interest and and might be seeking the next area of value due to the lower timeframe of Price Action forming.
4H/1H - Price is trading around the base of an ascending channel which might be signifying a possible change of lower timeframe trend. If the base hold then I'll be waiting for a M15 Flag which I will taking a RE or RRE on it.
4H/1H - Price is trading around the base of an ascending channel which might be signifying a possible change of lower timeframe trend. If the base hold then I'll be waiting for a M15 Flag which I will taking a RE or RRE on it.
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.