So looking at how the daily candle stick ended bearish and the had bullish 4 hour close to give us that nice deep wick. Also noting that the week ended bearish as well. We may be seeing a complex pull back to 1786 handle. If we have the same market structure conditions that we have seen then we should form resistance around that area and then see shorts down to...
From the Berish pressure we seen last week, we can expect to see some more bears come into play. If we see a clean break below the support with a clean retest of that area as resistance then we can look to see her down into the next zone.
I noticed that price has not been this low since almost 2009, we broke past a strong level of 1 and 4 hour support headed to the downside. If we pull back above then price might have the potential to re correct that whole move back up.
