Bearish Retest & Pullback
The current market structure shows a bearish retest and a consolidation on what used to be a key demand level.
I believe we will experience a pullback to the previous range high (104-107) followed by a consolidation on the lower range and a subsequent break in market structure (92-97).
Until clearly delineated by price action I will remain bearish.
Have fun & trade safley,
S.
I believe we will experience a pullback to the previous range high (104-107) followed by a consolidation on the lower range and a subsequent break in market structure (92-97).
Until clearly delineated by price action I will remain bearish.
Have fun & trade safley,
S.
Disclaimer
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.