I believe price will retest the my major level of structure and then drop, at least back into the demand zone.
price comes up to test a higher time frame descending trend line, and then breaks through. Waiting on it hit resistance(marked out with red) and look for confirmation on lower timeframes, like the hourly, then sell
price comes up to test a higher time frame descending trend line, and then breaks through. Waiting on it hit resistance(marked out with red) and look for confirmation on lower timeframes, like the hourly, then sell
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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.