This is my current view from the H4 perspective.
After the break of the previous TL I took that as a precursor for what was to come, and shortly after entering the higher O.B ($94.58-$94.83) it was rejected. Once the bears entered the market I would look for breaks in structure along with continuations to join in on the ride down.
I'm anticipating price action to work itself to the O.B ($91.75-$92.31) at the low end of the curve, but that can potentially take a minute (not literally) to happen due to the barriers it'll more than likely run into during the process. Stay flexible.
Also, if my analysis help YOU in any way, shape or form then please consider donating to the cause. It's appreciated.
After the break of the previous TL I took that as a precursor for what was to come, and shortly after entering the higher O.B ($94.58-$94.83) it was rejected. Once the bears entered the market I would look for breaks in structure along with continuations to join in on the ride down.
I'm anticipating price action to work itself to the O.B ($91.75-$92.31) at the low end of the curve, but that can potentially take a minute (not literally) to happen due to the barriers it'll more than likely run into during the process. Stay flexible.
Also, if my analysis help YOU in any way, shape or form then please consider donating to the cause. It's appreciated.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。