Trend: Bearish, Short term bullish
Structure: Support and resistance zone
Plan: We look for price to bounce off of previous high resistance zone and make a move down to previous lows.
Please wait for price to breakout of the zone to the downside before entry as there has been a strong bullish momentum recently.
Structure: Support and resistance zone
Plan: We look for price to bounce off of previous high resistance zone and make a move down to previous lows.
Please wait for price to breakout of the zone to the downside before entry as there has been a strong bullish momentum recently.