price recently breakout the SR Area and making new High, Waiting for the price to retest the breakout area and waiting for price action when at the area.
BEARISH BIAS STILL ON MOMENTUM, NOW REJECTING THE LEVEL AGAIN AFTER BREAKOUT AND MAKING HEAD&SHOULDERS PATTERN. AT FIRST LOOKS LIKE BREAKOUT THE CHANNEL TREND TO MAKING REVERSAL BUT NOW PRICE JUST MAKING A PULLBACK TO PUSH LOWER.
Higher Timeframe momentum still Bearish, but in H4 already breakout the trendline and making bullish momentum and just now making the HL structure. Waiting the price to break the resistance overhead for go long. This is just my analysis not confirmation entry. please be careful.