Solid long idea based on M15 time-frame accumulative price action that dominos into 4H. Price is also near a significant weekly level.
Short time-frames presenting accumulation pattern for a bounce to key levels and short entries. Larger time-frames indicate distribution pattern.
Short term (M15) Accumulation pattern played out perfectly. Significant level gained, giving possibility for larger timeframe (H4) pattern to play out.
Short term with big potential to trigger larger time-frame distribution pattern. Will be paying close attention to PA in while approaching 1.7k and take every short opportunity that presents itself.
Price action indicating distribution that's occurring near a key monthly level.