My bias here is downtrend in 1 day tf see the trendline (violet) it touch 3 times but still no breakout it is currently sitting in 1st support (skyblue) and trendline (violet) wait for breakout and entry for short also see the (violet) trendline it forms bear flag a bearish pattern wait for bearish candle and take profit in 2nd support (sky blue) and there is also...
See the skyblue line support and the trendline (violet) also broken with high volume it means the bear controls the market and the support (white) turns to resistance and didnt break go for short
The sky blue line have a strong support because the previous high didnt break and form a lower highs and see the pivot line didnt broken thats a strong indication that bears controls the market
