Following a strong 4 hourly push down, we see price bouncing off a validated daily support line.
Broken down to the 1 Hour chart, we see a break of the downward trend line, also, we see the first HL has been formed, indicating a possible change of trend direction (to the upside).
Should price find support above the yellow box (validated on the 1 hour) and we see 2nd HL being formed, buys should be considered.
Trade with appropriate risk management.
Broken down to the 1 Hour chart, we see a break of the downward trend line, also, we see the first HL has been formed, indicating a possible change of trend direction (to the upside).
Should price find support above the yellow box (validated on the 1 hour) and we see 2nd HL being formed, buys should be considered.
Trade with appropriate risk management.