Currently looking like Link has a fairly decent chance to see the upward pressure snowball into the 12h/24h time frames. Long here with a safer entry being the 3h chart closing as it is in the chart published Even safer entry being the red rsi closing above 56 the 2d/3d do still look very bearish but the red rsi going above 50 in the 12h would clear the way for some upward price action in the next day or so. lets see how it plays out
Note
When I say a "safe" entry would be if the 3h chart closes as it is in the chart published I am referring to the green line CLOSING with a bullish cross on the red RSI as well as the energy closing back up above 50 to allow for the upward pressure to continue
Note
look at the chart for clarification as now the price action has changed how the 3h chart looks significantly
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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.