Daily Long Term Bullish Trade

1HR Timeframe is projected to take profit.
4HR Timeframe is creating a double bottom reversal pattern.
Daily timeframe is at a major level of support (38.2).
It's also gaining support from the Weekly 38.2.
If this 4HR Candle closes above the red line, we could see a nice push to the upside, potentially reversing the 4HR timeframe to trend bullish.

Yorum:

We're currently at a level where we will see some resistance for the 4HR timeframe.
I'm anticipating some resistance before a break to the upside

Yorum:

4HR timeframe has officially reversed bullish