Just drawing lines on what I see here. I think that there is pressure on the downside on longer timeframes (2h to 1D). Already short but looking to add to it if it show good PA under this chanel.
Price sits at the top of a chanel. I was looking for a rebound or continuation on that TL. Obviously this level has importance and for now price doesn't seem to know where to go. IMO we are in some ranging action, or perhaps a little bias on the down side.
I think it's going down from here, but who fucking care right ?
After breaking to the down side, price made a big bounce up near the Fib 50 - 63.xxx before coming back down. Will it break support ?