Bearish on HTF, breakout at support trendline, retest on failed demand OB, there's an imbalance from a while ago that'll probably fill as you can see where I highlighted the bullish impulse candlestick red. When the market opens, it may consolidate upwards a lil bit before pushing down of course so I wouldn't enter immediately. Exit at the -0.5 and -0.618 fib level just in case of a bearish pullback at the area. -0.272 could be used as a pull back re-entry.
It will may play out differently of course, this is my analysis. If we're seeing and considering the same thing, gimme a fist bump. I'm going to see how this plays out and will only make decisions on how price reacts at that very moment.
It will may play out differently of course, this is my analysis. If we're seeing and considering the same thing, gimme a fist bump. I'm going to see how this plays out and will only make decisions on how price reacts at that very moment.