Daily Confirmation: Yesterday candle stick closure failed to break 135.00 Price where sellers have continued to hold and push the market back down 6 times on the D tf frame price has been rejected 50Ma is still over 20MA confirming over all bias is still to the down side
4 Hour Market is still very bullish If price can break 132.250 and give a retest i will look for a small intra day trade/finding my entry on the 1 hour or 30 min time frame
1 Hour TF Marktet is still bullish but if we can close below this new support area and give a retest, break this previous higher low creating new downside momentum i will wait for a pull back to test this support which will become new resistance for a nice intra day trade hopefully during the london or crossover session tonight
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.