Volume support rejecting prices off back to volume resistance then test structural top again
Gold has been overextended with sellers coming in to sell it back to fair price
Wait for complete formation of Monthly candle to determine break of monthly support. Due to volume profile it can only reach 0.73390 and consolidate before determine direction again
Bearish pinbar signify bearish strength till the buyers come in
Buyers are coming in to buy the GBP back to fair price
Candle shows strength and price is at unfair value for sellers. moving back to fair price
Rejection off the structural top. possible bounce of structural low due to low volume density of pinbar and back to POC. Possible early entry in D1 chart (Evening star)
Trade to next volume support or possible recent trendline
Continuation trade from previous pinbar
Resistance turned support rejection candle to next structural resistance
USD Strength is coming
Channel Breakout. Breakout will be shortlived due to rejection candle low volume
Structural top + evening star to push prices back to POC before multiple retest to break structural top
Volume support + Pinbar rejection back to POC or near POC