The break and re-test buy looked promising but the buying pressure could not hold.
We have now shifted the structure to the downside.
If price gives me a valid pullback with rejection, I will join the sellers down into my target region.
Price doesn't have to make a pullback, it could be ready to go to the downside from here.
We have now shifted the structure to the downside.
If price gives me a valid pullback with rejection, I will join the sellers down into my target region.
Price doesn't have to make a pullback, it could be ready to go to the downside from here.
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Related publications
Disclaimer
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.