Why? this area seems to be a strong pivot point. Looking left you can see price has pushed to the downside quite heavily, this indicates selling pressure around this area and therefore I'm expecting price to react at this level.
Price may not push all the way down to the bottom zone please be aware that price may push down to my target and...
Potential long. Waiting for price to come to the orange zone and could see a potenial push to the upside.
Why? looking left, you can see heavy buying pressure at this level. Hence I suspect there will probably be a reaction when price comes down to this level.
Waiting for it to reak out of the resistance zone and create a bullish engulfing/shooting star candle to place then aim for previous high support levelif it breaks lower level ill wait to see if support zone becomes resistance zone then think about a different entry to the downside or possibly wait for it to break upwards