The price has retraced to the FVG and mitigated it. It has also respected the 50% Fibonacci level by printing an inside bar candlestick pattern, which is an indication of the price reversal We are waiting for one more signal before taking a trade. But the overall market bias is bearish.
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.