sgtview

Bearish Retest & Pullback

Short
BITMEX:ETHUSD   None
The current market structure shows a bearish retest and a consolidation on what used to be a key demand level.
I believe we will experience a pullback to the previous range high (104-107) followed by a consolidation on the lower range and a subsequent break in market structure (92-97).

Until clearly delineated by price action I will remain bearish.

Have fun & trade safley,

S.

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