Should we buy or wait, an analysis using higher time frame's, please go through all the graphics and comments
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again 3 possibilities , it will breaks the levels, but, we have a possibility of triple top also/ consolidate within a range/retrace back
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If bulls cannot break these levels, the price can start a reverse journey till 3M opening price or even lower (low of 3M inside bar)
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Day
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follow the price action, just be cautious at the resistance levels, as bull's will try their best to continue with the momentum, what, i learned especially in day trading, to remain unbiased and follow the price action within the limitation of support and resistance zones and never trade against the day trend, in day chart yellow lines showing 4hr levels valid for 1st 4 hr and green showing day levels, patterns day level's are quiet high, light blue lines showing weekly price lines, again follow the price action
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still under Inside bar range
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eod and eow
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end of week
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in day tf
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opened above the green line a possibility of pull back
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yellow lines (4H) might acts as a R
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near a weekly level and 3M level could act as support
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today
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EOD
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