Bearish Flip on 3h and 30m Structures, Pullback Anticipated
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The 3h swing high was broken, and the 30m swing has flipped bearish. Looking like a price is readd for a potential pullback into the demand zone below.
The internal structure of the 5m has also flipped bearish. I’m looking for a pullback into the newly formed supply zone, which could give a good opportunity to target the weak 30m swing low.
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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.