The overall Market looks Bearish on the D TF, where we can see an M structure with double top rejection and market looking to close the last half of the leg of the M (Blue brush). On the 4hrs TF the market is doing HL and LL confirming the Bearish structure. Highlighted in the yellow rectangle we have 2 big Bullish candles that show MARKET IMBALANCE.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.