Ideally, the overall trajectory of my analysis is short. However, with the ranging zone the market is currently at I wouldn't want to have my setup for short anywhere in it hence the logical entry would be a sell stop slightly lower than the bottom support level. I am confident that if the market reaches there its going down.
hopefully will drop like a hot potato. The movement from the weekly and monthly indicates a downward movement. if the market reaches the low on my entry. I expect a continuation of the downward movement
the downward movement of the pair is strong hence if it reaches as low the support area i drew,
I expect it to continue spiraling downwards to my weekly target which i drew
with an expected pullback, buying at the 61.8 fib looks like a good entry point to ride the big wave.
ill definitely be risk free if a candle closes green from the reversali expect to happen
