Potential Setup as per the below
Bias - Bearish
Option 1 - Wait for price to break key level low, retest and then continue with bearish momentum.
Option 2 - Wait for price to retrace to key level high, take out liquidity and then continue down with bearish momentum.
Bias - Bearish
Option 1 - Wait for price to break key level low, retest and then continue with bearish momentum.
Option 2 - Wait for price to retrace to key level high, take out liquidity and then continue down with bearish momentum.
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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.