General bias is bullish:
-Daily timeframe shows price oversold on RSI on 18.06
-Daily timeframe shows price closed outside Bolinger Band
-Daily timeframe shows a large gap between candles printed on 25.06 and 28.06 which is considered a 'price magnet' (price will travel to, and close within it)
Coupled with bullish price action on 1h timeframe price could:
-Reverse from recent resistance and continue towards gap
-dip below the double bottom (denoted by pound sign), reverse at the daily trendline and continue towards gap
-do whatever it wants
-Daily timeframe shows price oversold on RSI on 18.06
-Daily timeframe shows price closed outside Bolinger Band
-Daily timeframe shows a large gap between candles printed on 25.06 and 28.06 which is considered a 'price magnet' (price will travel to, and close within it)
Coupled with bullish price action on 1h timeframe price could:
-Reverse from recent resistance and continue towards gap
-dip below the double bottom (denoted by pound sign), reverse at the daily trendline and continue towards gap
-do whatever it wants
Tp hit.
Waiting for break of daily instituitonal candle for an indication of what to do next but strongly believe it's getting ready to sell