Following yesterday session, price has continue edging higher making a new HH after it rejected the 4H EMA 14 and Institutional Level 1.2650.
On NY's close, it has rejected the Institutional Level 1.275 where it form a Shooting Star formation. For now, I wan to see price collapsed to the downside for a shift of momentum or for price to form a new HL formation with multiple wicks rejection on the 4H.
Bias = Bullish, Reversal to bearish
Structure = Uptrending
Setup = No
On NY's close, it has rejected the Institutional Level 1.275 where it form a Shooting Star formation. For now, I wan to see price collapsed to the downside for a shift of momentum or for price to form a new HL formation with multiple wicks rejection on the 4H.
Bias = Bullish, Reversal to bearish
Structure = Uptrending
Setup = No