Closing above on the 1 hour we now want to retrace and see some reaction off that green box.
We could also just hold here now and continue.
If we retrace too far then we might have some problems, we would then retest above and look for further lows well into the 30k's.
Just don't be biased. Price action is fluid. Trade it.
We could also just hold here now and continue.
If we retrace too far then we might have some problems, we would then retest above and look for further lows well into the 30k's.
Just don't be biased. Price action is fluid. Trade it.