Possible drop to test FVG, if it breaks through the FVG expect more bearish momentum. If it tests and rejects, it may retest the monthly open which lined up pretty well with the fib levels. Again a rejection to break the the monthly open may mean it can drop down and move to the OB.
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.