BOUNCE ON A DEMAND...a very short retracement on a demand zone... expect market to extend to a supply zone before the real sell move continues
Anticipating a potential CHOCH and then reacting at the demand zone below for a retest to the supply before price starts falling
I'm sorry this came in late...Market retraced to a support area..Over all bias on a higher time frame perspective is bullish...There was a divergence on 15min time frame which denotes that buyers are trying to take the market upwards....
