This is an idea not advice
- Technical looks like it's hitting a resistance, where it's creating stagnant side way areas and barely reaching above it.
- 4hr RSI has been flat as well, and possibly looking to divert
- With current weakness of the trend momentum in hourly time frame, it will likely need to retrace, gather demand to continue it's march.
- The FVG and Demand area is looking attractive because of this.
Note
Momentum to the downside growing.Note
Target hit.
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.