Daily - price Closed above level of S/R, price also
engulfed the previous 4 days showing that there
is still a lot of buyers, dont like how price rejected
the 50SMA respecting it as a form of resistance
4 hour - price has come to a level of support and
resistance where sellers have held before and
price is currently rejecting it again price is also
rejecting the 50SMA as a level of resistance
could see a retracement back into broken
resistance to see if price cand hold as a level of
support
1 hour - Price seems to be shifting in momentum
the bullish candles seem to be slowing down in
momentum resistance looks to be holding
15min - if price breaks and retest minor level of
S/R could be looking at taking shorts into
desired area before looking to take longs again
engulfed the previous 4 days showing that there
is still a lot of buyers, dont like how price rejected
the 50SMA respecting it as a form of resistance
4 hour - price has come to a level of support and
resistance where sellers have held before and
price is currently rejecting it again price is also
rejecting the 50SMA as a level of resistance
could see a retracement back into broken
resistance to see if price cand hold as a level of
support
1 hour - Price seems to be shifting in momentum
the bullish candles seem to be slowing down in
momentum resistance looks to be holding
15min - if price breaks and retest minor level of
S/R could be looking at taking shorts into
desired area before looking to take longs again