Hi traders! Long time, hope trading has been successful.
Market at possible breakable resistance level because: we are bullish from a higher time frame evidence by broken structures to the upside after grabbing an internal liquidity. And here we also had a broken structure to the upside even though at resistance level, I'm not predicting the market, but probability of bullish momentum today is higher than short. Since we have a support here which seemed to act stronger, hence a first leg is rejected, so if the second leg is also rejected with a valid bullish momentum creteria, thus go for long.
Market at possible breakable resistance level because: we are bullish from a higher time frame evidence by broken structures to the upside after grabbing an internal liquidity. And here we also had a broken structure to the upside even though at resistance level, I'm not predicting the market, but probability of bullish momentum today is higher than short. Since we have a support here which seemed to act stronger, hence a first leg is rejected, so if the second leg is also rejected with a valid bullish momentum creteria, thus go for long.