Currently watching healthy consolidation after the bull break yesterday morning.
The 4 hour time frame is the most clear for watching this set up in my opinion.
Bulls are within striking distance of the daily resistance to break for continuation and higher highs.
If we break the low of this current consolidation, it will just prolong the amount of time in the 4 hour equilibrium in my opinion.
Bulls have a comfortable setup for today due to this positioning.
4 hour Inside bar and MACD cross trying to follow through for bulls.
Patience for a break if looking for an entry in a position.
The 4 hour time frame is the most clear for watching this set up in my opinion.
Bulls are within striking distance of the daily resistance to break for continuation and higher highs.
If we break the low of this current consolidation, it will just prolong the amount of time in the 4 hour equilibrium in my opinion.
Bulls have a comfortable setup for today due to this positioning.
4 hour Inside bar and MACD cross trying to follow through for bulls.
Patience for a break if looking for an entry in a position.
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