Potenial drop scenario to 2877 (TP1) if pressure put price under the purple axis. Then if TP1 the level is breached -> destination 2853 is very likely. There is a possibility of the reverse scenario as well but current odds are favoring the short side. enjoy!

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hanging by the neck:

Cheers,
Keops
zoom in:
zoom out:
hanging by the neck:
Cheers,
Keops
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Disclaimer
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.