Monitoring our H4 flip zone on monday opening as a pivotal zone. If price holds this level (2332-2326), we can see a potential bullish pullback towards our h1 resistance + breakout zone at (2351-2355.5).
However, if we have a bearishh engulfing closure below this zone, we can monitor for breakout sells to target our liquidity zone + bullish engulfing at 2310-2304, where i will be monitoring for higher probability buys.
if markets were to break this level, the next strong support zone will be our Daily OB + daily support level at 2378-2368.
Disclaimer : this is shared analysis by one of my fav traders from SG
However, if we have a bearishh engulfing closure below this zone, we can monitor for breakout sells to target our liquidity zone + bullish engulfing at 2310-2304, where i will be monitoring for higher probability buys.
if markets were to break this level, the next strong support zone will be our Daily OB + daily support level at 2378-2368.
Disclaimer : this is shared analysis by one of my fav traders from SG
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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.