Reasons: Price is in supply zone -Market is respecting 4 hour, 15 min, 30 min resistance. -5 min support has just been broken. -Market is overbought and needs to balance itself out. -20 & 50 ema has crossed on 1min timeframe -Next strong level of support is 33880 (4hr) -My brain recognizes this pattern/behaviour
use proper risk
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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.