Whilst there has been a very strong trend higher in recent times in this market, price has failed to make a new higher high.
Price is now rotating lower and back into the price flip support level.
As the zoomed out daily chart shows; this level could be an important level in the coming sessions and it could look to act as a new price flip support area.
This could also be a level to hunt for potential long trades on the higher time frames inline with the trend higher and at a major level.
Price is now rotating lower and back into the price flip support level.
As the zoomed out daily chart shows; this level could be an important level in the coming sessions and it could look to act as a new price flip support area.
This could also be a level to hunt for potential long trades on the higher time frames inline with the trend higher and at a major level.
