We are currently in a bearish structure until the price breaks above 3300.
Until then, we can look for sell opportunities around the key levels of 3281, 3290, and 3300.
Downside targets are in the range of 3255 to 3235,
which also align with the 1-hour timeframe bullish order blocks.
From this higher timeframe bullish order block zone,
we may also see a potential bullish reversal.
Additionally, a countertrend scalp buy entry is possible around 3264–3267,
with upside targets at 3281, 3290, and 3300.
Until then, we can look for sell opportunities around the key levels of 3281, 3290, and 3300.
Downside targets are in the range of 3255 to 3235,
which also align with the 1-hour timeframe bullish order blocks.
From this higher timeframe bullish order block zone,
we may also see a potential bullish reversal.
Additionally, a countertrend scalp buy entry is possible around 3264–3267,
with upside targets at 3281, 3290, and 3300.
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.
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.