We can see currently that ascending triangle is in place, looking at the impulse and correction buyers are in control right now
price may potentially breaks the structure and go higher with the bulls, bears might come in after since the daily is trending down.
1 hr chart is in an up-trend
4 hr chart sideways
Daily chart is on a down-trend
price may potentially breaks the structure and go higher with the bulls, bears might come in after since the daily is trending down.
1 hr chart is in an up-trend
4 hr chart sideways
Daily chart is on a down-trend
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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.