Currently the market structure or any time frame above 30M is bearish and I am looking for continuation. I would expect price to fill the 2H FVG gap before falling further. My entry lies just before 15M fvg gap which is indicated by the red line at around 189.9 and SL is placed above previous strong resistance. I expect price to update recent low as market structure is bearish.
Entry 189.75
SL 191.2
TP1 187.4 (previous support)
TP2 186 (updated low)
Entry 189.75
SL 191.2
TP1 187.4 (previous support)
TP2 186 (updated low)
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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.