Impulse back above Mondays Low and the move down was likely a stop run.
There is some inefficiency between current price and Daily Demand which
is also in confluence with Weekly Demand that has not been properly retested,
ofcourse, it doesn't have to.
Favouring a bounce from here, Back above Mondays low pivot marked as red box
would be my confirmation for more...
Lower timeframe levels will be posted in a chart in comment section for further analysis.
Low timeframe structures can aid in minimizing risk by understanding invalidation levels.
The Higher timeframe context gives us the big moves (reward) the lower timeframe can
give us great entries and tighter stop losses (minimal risk).
This understanding is what makes a...