Liking this setup today. Not the cleanest as we are trading against the overall momentum however the daily is in need of a pullback soon as the run is exhausted
Daily | Price has stalled at major support level and formed a nice bullish candle testing the area and rejecting it
4H | Got some nice bullish price action at the bottom of the run and got a nice bullish candlestick signaling buyers coming in and should pullback to the 4H 50
1H | Really like the clean price action here as price formed a double bottom that caused a break out of the descending channel and the 1H 50 with MACD divergence lining up for a retest at the pivot to head higher
Daily | Price has stalled at major support level and formed a nice bullish candle testing the area and rejecting it
4H | Got some nice bullish price action at the bottom of the run and got a nice bullish candlestick signaling buyers coming in and should pullback to the 4H 50
1H | Really like the clean price action here as price formed a double bottom that caused a break out of the descending channel and the 1H 50 with MACD divergence lining up for a retest at the pivot to head higher