A high wave candle on the H4 chart indicates that the market is in indecision mode right now. The buyers are hesitating to push the price up, meanwhile the sellers are still waiting for confirmation to jump on the bandwagon.
Should the price goes below 157.00, the sellers might start entering the market. and push the beast down. Let's how the market plays it out.
Below is the H4 chart as of 5 pm Malaysia.
Should the price goes below 157.00, the sellers might start entering the market. and push the beast down. Let's how the market plays it out.
Below is the H4 chart as of 5 pm Malaysia.
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