As you can see we had some nice action here with this SHS formation right at a rising trendline + a new formed s/r zone which pushed price to a new high here .
Now Price is running into another s/r zone which is not confirmed yet but i will look for a confirmed touch before taking a long .
On the other hand a break could lead to short in direction of the confirmed s/r zone below or maybe even to the trendline showing us another test
Now Price is running into another s/r zone which is not confirmed yet but i will look for a confirmed touch before taking a long .
On the other hand a break could lead to short in direction of the confirmed s/r zone below or maybe even to the trendline showing us another test
Kommentera:
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h4 entry