LONG

ON THE DAILY TF PRICE IS ON AN UPTREND (20EMA ABOVE THE 50 EMA)WE HAVE A CORRELATION ON THE 4H TF WITH A 1-2-3 PUSH UPWARDS.PRICE HAS ALREADY PULLED BACK TO THE PREVIOUS HIGH,WHICH SHOULD PROVIDE SOME SUPPORT.THERES A BEARISH PUSH DOWN, FOLLOWED BY A HAMMER.I WILL WAIT FOR A CONFIRMATION CANDLE (BULLISH) ON THE 4H TF OR A BULLISH CLOSE ABOVE THE RESISTANCE ON THE 1H TF. IF PRICE SHOULD REACH AROUND THE 70 MARK ON MY RSI IT WILL CONFIRM BULLISH MOMENTUM. JUST AN IDEA OF MINE
Trend Analysis

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