Based on current market condition, we can see that the bears are in control. Using market structure, major s/r's, significant key levels, descending price channels, fibs, and indicator for extra confluence - there are possible seller entries if price continues to move down.
In the event the market reverses, I see a possible entry to buy, if price break market structure - reversing the upside.
DISCLAIMER: My analysis is for me to track my own growth, process, and journey as a Fx Trader. I am not sharing to have anyone take this trade - as you should be marking up your charts and trusting your own analysis. Please note, that this is solely for educational purposes. If you agree with my analysis - PLEASE LIKE/COMMENT your input!
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.