not sure what you mean about about 1st and 2nd but anyway yes on
the 2hr time frame the 1st pinch here on the hr would currently be
a hope for the 'bulls' to get some sort of bounce
currently ribbon is pinching on the 2hr from a bullish config,
and price testing the Jan 26th highs from last week - so it's an
area to monitor to see if a reversal can occur from or not
not sure what you mean
Matt - Thoughts on the 1 hr & 2 hr ...
Posted by matt on 4th of Feb 2022 at 11:24 am
not sure what you mean about about 1st and 2nd but anyway yes on the 2hr time frame the 1st pinch here on the hr would currently be a hope for the 'bulls' to get some sort of bounce
currently ribbon is pinching on the 2hr from a bullish config, and price testing the Jan 26th highs from last week - so it's an area to monitor to see if a reversal can occur from or not
thank you.
Posted by shecar on 4th of Feb 2022 at 11:26 am
thank you.