Daily bias with 4hr breakdown.
In today's analysis, we have a clear bullish daily bias, and the price is currently at the area of a bullish continuation internal demand zone. However, we should not forget that the price has also mitigated the area of the swing structure extreme high, so there is a chance that the internal structure may not hold.
Focusing on the most recent structure, the 4-hour timeframe has just broken below the internal higher low (HL). Therefore, we can expect a bullish counter-pullback followed by a continuation, provided there is confirmation on the lower timeframes (LTF). Until then, trades can align with the LTF bias.
Focusing on the most recent structure, the 4-hour timeframe has just broken below the internal higher low (HL). Therefore, we can expect a bullish counter-pullback followed by a continuation, provided there is confirmation on the lower timeframes (LTF). Until then, trades can align with the LTF bias.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.