This is a live example. Daily bias and momentum up, 240 min moving up towards the zero line albeit still red as is bias on this timeframe. It's also an indecisive bar so I can't say this is the strongest setup I've ever seem in my life. It's also a continuation play on the Daily rather than a turning point, one of my examples above showed an earlier entry.
In it's favour is that we have broken resistance and come back to retest it so it's a resistance turned support scenario. If it does want to kick on, this might be a natural place for it to do so. Time will tell.
In it's favour is that we have broken resistance and come back to retest it so it's a resistance turned support scenario. If it does want to kick on, this might be a natural place for it to do so. Time will tell.