Price is starting to stall from the high of the previous impulse. There are a lot of structural levels we can use to determine if this reversal will happen. As long as we continue to break support and set new lows on the hourly and break this H4 trendline I will be looking for sells.
Note
Price pushed down very aggressively as expected unfortunately we saw no exhaustion on the hourly for entries.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.