Bearish potential after resistance
Updated
It seems that if the new high does not get broken we could see a strong retracement after hitting a previous strong bearish order block.
The push down from this order block should be enough to break through the smaller resistance lower down.
The push down from this order block should be enough to break through the smaller resistance lower down.
Comment
The high has held so far. 1 min chart has a bearish broken trendline.Comment
Stochastic has came down from oversold on the 5 min chart, strong bearish move from main resistance.Comment
BEARISH Break of structure on 5mComment
Bearish bounce of newly created order block under resistance.Looks like it is about to start moving!
Comment
deep pullback to create an equal high, looking very bearish againComment
looking for a break of market structure on the 5min for main confirmationComment
wahhhooooooo
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