Looking at the chart there is a liquidity above the previous consolidation, am expecting the market to come up to that level and wipeout the sellers at that level. Also in the daily timeflame a resistance structure was broken an correction is about taking place and befor the correction plays out I will like to see a double top in the daily timeflame and In The 4hrs chart the market is above the 200MA and formed a support at the 50MA. Always apply risk management. You can also contribute your own thought In the comment section.
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.