Hello everybody!
-On a 4-hour time frame, we can see that price retested multiple times support area and we can see that price formed nice bullish candle.
-I consider the support area as a solid zone because we had multiple retests and rejections over there.
-We can wait for more conformations on lower time frames to decide what actually do.
-WHAT DO YOU THINK ABOUT THIS SETUP?
Please let me know in the comment section!
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support, I will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial
advice.
-On a 4-hour time frame, we can see that price retested multiple times support area and we can see that price formed nice bullish candle.
-I consider the support area as a solid zone because we had multiple retests and rejections over there.
-We can wait for more conformations on lower time frames to decide what actually do.
-WHAT DO YOU THINK ABOUT THIS SETUP?
Please let me know in the comment section!
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support, I will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial
advice.