Quick H4 Outlook
- So far bulls did good BUT now it is the question if they have the power to pierce through the red zone I marked on chart!
- If yes we can continue higher.
- If no (which I think will be the case), banks probably will try to go back to hunt previous lows.
- If my guess is right, I am anticipating a retest of ~1.07715 area. There we must see how bulls protect that support. We always must go step by step. No rush!
- For now: 1.0849-ish is my nearest support and I keep buying dips as long as H4 and H1 candles open above it!
Happy trading day to all
Be a seer, not a looker!
Ata's Trend Hunter V3.5 All Time Return:
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