- DAY is swing bullish=> current is pullback
- 4H is swing bearish => current is pullback
The daily time frame is in an uptrend. The 4-hour time frame is in a downtrend. Therefore, we can buy when the price reaches the demand zone of the daily time frame or at the 4-hour time frame for a bullish reversal signal.
- 4H is swing bearish => current is pullback
The daily time frame is in an uptrend. The 4-hour time frame is in a downtrend. Therefore, we can buy when the price reaches the demand zone of the daily time frame or at the 4-hour time frame for a bullish reversal signal.
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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.