On the 30M time frame we can see what appears to be an ascending flag pattern. These patterns are usually followed by a bearish move. Monitor to see if this pattern decides to form, followed by a breakout into a sell below this zone before deciding to enter this trade.
However, if price decides to completely break through this zone, do not enter a sell. Monitor for a retest at the zone before looking for additional bullish trades.
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.