On 4HR tf, we can see some exhaustion around 0.59611 as we got multiple equal lows, and price pushed up and is currently above resistance level 0.59979. Should price close the 240 candle above resistance we can start looking for long opportunities towards 0.60584.
Although sellers appear to primarily be in control at the moment, Im leaning towards a slight push up back into the zone of 153.792 or previous Equal Highs/supply zone, as it's much closer to where price currently is. Once price reaches this area, I would pay attention to specific rejection candles if any should form, then anticipate the downward push towards the...
