Price previously received its daily break above the last LH via daily, as we currently are visualizing its phase of profit taking we're expected continious buy orders after its break of trend + lower timeframe structure we currently broke and retested. -Follow forex_gump_ on instagram.
Daily time frame received a proper close bellow it’s last HL & as you see on the lower timeframe, we have our series of profit taking ( Relief ) and a HL that sits inside that continuation pattern. Expected sell orders as we respectfully break and retest the current HL tagging Daily TP .
As we received a proper break of the last daily LH, we are visualizing our series of relief that sits above daily’s structure/ lower time frames structure. We’re expected continuous buy orders if we potentially get our retest on the 4HR flags structure, creating furthermore 1-2-3-4 points of trend.