Chart : 4Hour
Overall Trend : Bullish
Current Market Structure : Consolidation
Scenario 1 :
Price is currently still between Asian range still , market did end up sweeping Asian lows . But failing to close below it . This could indicate that we can get possible short term buys in the market .
Scenario 2 :
A close below Asian lows will indicate that price is pulling back to a demand area , so we can get into the market at a much cheaper price (discount) .
Keep in mind market is currently rejecting off a 4Hour supply area . If respected . We can get into shorts targeting potential demand areas .
Overall Trend : Bullish
Current Market Structure : Consolidation
Scenario 1 :
Price is currently still between Asian range still , market did end up sweeping Asian lows . But failing to close below it . This could indicate that we can get possible short term buys in the market .
Scenario 2 :
A close below Asian lows will indicate that price is pulling back to a demand area , so we can get into the market at a much cheaper price (discount) .
Keep in mind market is currently rejecting off a 4Hour supply area . If respected . We can get into shorts targeting potential demand areas .
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.