New high achieved. Last bar closing on the low. We will wait for Monday to see if this is mark down for buying or SOW.
Weekly chart : Weakness - shortening of thrust, diminishing volume as price advances Daily chart : No significant weakness observed. H4 chart: Last bar is an Upthrust. Wait for Monday to show us if this is mark down for buying or if this is weakness.
Strategy: 1) If Upthrust for further buying: price goes below UT bar, wait for reversal price action or intermediate support to buy 2) If Upthrust is sign of weakness: Wait for price to come down, return to test the high and price rejection to short.
Like and follow if you find this useful : ) Have a successful week ahead in whatever you do.