Next major close line on the 30min is $11,111. If that isn't sustained, and we close at a lower low, we have more bearish pressure in the market driving prices down.
For trend confirmation, ideally we should see a close below $11,111, and a very nice engulfing candle bounce.
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.