DislikedLooks quite good to me here on the 4hour, if this next bar can break past the top of the previous that will also create a nice big pinbar on the daily as this is the last 4hour of today forming on my chart, at a previous key Supply/Demand level and a nice round number
Any thoughts?Ignored
Price finally has broken out and quite strong. Notice the weak closes on this bar. They don't really scream buy as opposed to profit taking, weak buying. This just gives sellers opportunities to come in. I am very big on the closes.
That isn't to say it can't work, but in terms of stronger characteristics. Notice where you drew your horizontal line. Imagine that bar closed there. The story would be completely different to me
Best
Mike