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4H trend and scenarios
4H- MS was indescisive, Just broke Resistance and made a HH - bullish
If price is able to hold to 20300 and the candle price action supports the bull sentiment, will consider a long up to previous high.
Alternatively- price could fall below- that support level - resulting in the trade getting stopped out, or it could just all be a fakeout
However on Higher time frames, signs of the bullish trend are breaking and the Daily MS has started to change.
If price is able to hold to 20300 and the candle price action supports the bull sentiment, will consider a long up to previous high.
Alternatively- price could fall below- that support level - resulting in the trade getting stopped out, or it could just all be a fakeout
However on Higher time frames, signs of the bullish trend are breaking and the Daily MS has started to change.
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