The price is expected to test the liquidity pools formed after the last downtrend and make an upward correction. Intermediate resistances are likely to be encountered in the "Small Boys" areas, but I think the real target is the upper area where the liquidity of the big players is located. After this level, a sharp sell-off (scenario #3) and deeper declines are possible. Alternative scenarios (#1 and #2) include short-term corrections and potential declines.
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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.