Goodmorning traders!!
GA is looking to go either way right now, its sitting at a key zone right now, and on the 4hr price is about to close under my parabolic sar which means price is gonna eventually close under the current candlestick on the 4hr. Overall for me I see more bearish indication than bullish, I feel eventually price will pull back and retest to the ascending channel support line, and continue rising from that area. Price could also turn around where it is now because just like it has before price could either do two things at the moment, go through the key zone for a nice sizeable move, or test the area and shoot back up.
Leave your thoughts below!
GA is looking to go either way right now, its sitting at a key zone right now, and on the 4hr price is about to close under my parabolic sar which means price is gonna eventually close under the current candlestick on the 4hr. Overall for me I see more bearish indication than bullish, I feel eventually price will pull back and retest to the ascending channel support line, and continue rising from that area. Price could also turn around where it is now because just like it has before price could either do two things at the moment, go through the key zone for a nice sizeable move, or test the area and shoot back up.
Leave your thoughts below!