I am inclined to long depending on the rejection, as a scalp/intraday trade.
I wouldnt go for a long swing as this is an M formation structure.
But for intraday traders, this would be a good entry for longs technical wise.
On a 4h timeframe we can see Double bottom and Bullish divergence. High probability of an upward movement
I wouldnt go for a long swing as this is an M formation structure.
But for intraday traders, this would be a good entry for longs technical wise.
On a 4h timeframe we can see Double bottom and Bullish divergence. High probability of an upward movement
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