Daily: Price is still very much bullish yesterdays candle stick showed strong buying pressure at Daily Support level also respecting the moving averages as a form of support
H4: I like how price respected a strong level of support also broke above resistance and above moving averages and has now come back broken level of resistance now seems to be holding as a level of support also rejecting the 50EMA Also brekaing above previous LH's and now has formed a new higher high
H1: market seems to be running out of steam bearish candles are getting weaker looking for some sort of shift in momentum at broken resistance acting as support .618 on fibs
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.