The price is forming a reversal continuation pattern on the HTF, yet it’s creating a new low, indicating an opportunity to follow the LTF trend. This is due to a correction towards the nearest support before continuing along the major trend toward the next demand and key support level.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!