Patience... allow for the 4H candle to close ABOVE the red resistance, than purchase confirmation which closes also above.
Things to be aware off - failed confirmation might possibly lead to Wyckoff Accumulation Schematics.
Further idea development will be described as scenario unfolds...
Things to be aware off - failed confirmation might possibly lead to Wyckoff Accumulation Schematics.
Further idea development will be described as scenario unfolds...
Note
Extremely overbought conditions on 15 min RSI:Trade active
Possible double top on 4H and overbought RSI:Trade active
Volume profile suggests support in area of $1.165 :Trade active
Horribly looking gravestone Doji forming on 1H, volume possibly confirming short term trend reversal:
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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.