Matic has hit the previous IB zone in H1 and has taken the EL2 entry.
H1 has opened the door up however in H4 the door is still far away. So it can be concluded that the increase is only temporary.
AO occurs divergence. So definitely in small tf there will be bearish hidden divergence to mark the end of the rise and will continue the downward journey.
In small tf can take TP1 or TP2 at fibo level.
H1 has opened the door up however in H4 the door is still far away. So it can be concluded that the increase is only temporary.
AO occurs divergence. So definitely in small tf there will be bearish hidden divergence to mark the end of the rise and will continue the downward journey.
In small tf can take TP1 or TP2 at fibo level.