Hi traders, as you see price came back to our supply zone , from where we expect price to push lower. At least to make correction for continuation to the upside. I was expecting to see price moved bit higher to tap that trendline around 63.5, but as you see price is already making rejection. Anyway i closed my buy, and will be watching for sell. I will upload below lower time frame picture to show you that we are already having possible bearish price action. We are having nice weekly rejection candel from last week, so i think this setup have good potencial. Stay patient!
Comment:
As you see we are having 1h price action, which can move price to the downside. Watch it patiently what price will do.
Comment:
Price is making bigger correction, wait for price to break above previus high in that correction to complete it