Red lines = daily
green= 4hr
The market is trading at a critical area. there's a visible trend-line resistance at the daily time frame. a break above the current range/triangle and the trend-line will mean that the bulls are in control.
RED LINE = DAILY
GREEN SOLID LINE= 4HR
GREEN DOTTED= 1HR
Expecting the range area below 141 to hold as support and the descending triangle is expected to complete. Looking for a clear setup and will trade from there.
Red lines= daily
solid green lines= 4hr
dotted green lines= 1hr
Broken down trend from the daily.
Multiple support levels respected from 4hr.
Looking for a clear setup to form and then trade from there.