I still think we can see this type of move, to break our levels of resistance!
but we have to be careful remember 4H support and resistance are not stronger as the once in higher levels, also our strong support has to hold!!
we can see other downtrend movement to break support or to test it again.
there is two thing that mades me feel good about our 4H chart and is that the price is trading above MA 20 4H that's a good signal, now this level is acting as dynamic support,
pls note that we are talking about 4H chart support or resistance and they are not to strong, also the direction of the EMA 50 and EMA 200 which are trading sideways!
but we have to be careful remember 4H support and resistance are not stronger as the once in higher levels, also our strong support has to hold!!
we can see other downtrend movement to break support or to test it again.
there is two thing that mades me feel good about our 4H chart and is that the price is trading above MA 20 4H that's a good signal, now this level is acting as dynamic support,
pls note that we are talking about 4H chart support or resistance and they are not to strong, also the direction of the EMA 50 and EMA 200 which are trading sideways!