The Major Resistance and Support is more applicable for 1-hourly chart, however, on the 4-hourly chat it still stand.
Typically, I will be waiting for shorting opportunity on the resistance and buying opportunity when market hit support.
For this setup, I won't be doing it as 1hourly chart shows a potential bull flag and 4-hourly chart has a emerging Bearish Gartley.
For the full analysis, check out our facebook and watch the Weekly Market Analysis session, the exact link will be posted on the comment box later.
https://www.facebook.com/forex100.org
Typically, I will be waiting for shorting opportunity on the resistance and buying opportunity when market hit support.
For this setup, I won't be doing it as 1hourly chart shows a potential bull flag and 4-hourly chart has a emerging Bearish Gartley.
For the full analysis, check out our facebook and watch the Weekly Market Analysis session, the exact link will be posted on the comment box later.
https://www.facebook.com/forex100.org
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🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.