- Oversold up to 2 HR - 4HR trendline support - D RS zone first time test of the Daily uptrend - Everyone is bearish AF on the social media
As bulls we enter here at about 1240. There can be another spike to lower low on 5 minute to flush out any tight stops
We STOP out if - we consolidate here for a while and t hen inject bear volume to the downside - go below then retest the 4hr trendline and then reject - get and stay below the D RS zone