1 HOUR TIME FRAME
- Rejection off the 50 EMA
- Rejection off the 0.236 Fibonacci
- Several rejections of the ascending trendline
4 HOUR TIME FRAME
- Previous 4 hour candle had large wick rejection off the trendline
Possible retest of the trendline
- Rejection off the 50 EMA
- Rejection off the 0.236 Fibonacci
- Several rejections of the ascending trendline
4 HOUR TIME FRAME
- Previous 4 hour candle had large wick rejection off the trendline
Possible retest of the trendline