Daily time frame is still showing bearish move, but HL was created 11th-12th October. Yet it was still making LH and haven't broken the previous LH. Still looking for bearish move but waiting for price to reach a resistance level before taking sell entries.
H4
Monthly chart
We are on a weekly key level and last month candle was showing sellers exhaustion. Waiting to see how this month candle closes on this area of key level.
H4
Monthly chart
Kommentar:
Tweezer top candle formation on GU