Hello Traders
The price broke the lower side of the triangle in one hour time frame and then lost the important support levels of the weekly S3 and S4 pivot, so the price will probably move towards the support level of the monthly pivot.
Hi dear Trader
The price has reached the top of the channel in the 4-hour timeframe and has interfered with the weekly Camarilla pivot line and the high volume area in the fixed range volume profile, which in my opinion will drop price to the of S3 or S4 weekly.
Hi Traders I see the Triangle pattern
Between Trading zone S4 and R4 weekly pivot point
Waiting to Trade When price break S4 or R4 +High volume area we can open the position and following price to near the R4 or S4 monthly pivots point.
Or we can use Stop Orders right now.
Best Regards
Hero
Hi Dear traders
Due to the fact that the weekly pivot price was broken in a period of 4 hours and the daily candle increased and more than fifty percent of the previous day's candle was compensated.
Given the price trend in the uptrend channel, I think it is at least close to the top line of the channel.
Good luck
With respect
Hero 2222
