Short Trade = Daily Anti Cypher + Bearish Maxlev Pattern Price seems to be in a downtrend, creating lower low market structures. Confluences: 1. Price below FRVP POC 2. Price below AVWAP bands 3. Large Bearish Harmonic Pattern 4. Bearish Maxlev Pattern Target: 1. Liquidity Hunt from Maxlev Pattern 2. FVG
1. I used the Previous OTE ZONE as my entry area when it has already been tapped a few times... 2. I did not plot a fib ret on the latest swing low/high for some reason despite there being a ChoCh present. One thing to note about this though, is that the FIBRET is Reversed. Seeing the non-reversed version meant there was no OB + OTE confluence anywhere. Maybe...
I believe that the price is going to bull after a testing to FIB RET 0.618. and it goes high till 300$ with ease.