Potential Reversal?
We should get a pullback here to at least the 50% before potentially continuing down....
We've had days of bearish PA plus lows taken out with no retracement, now price is sitting on a very strong daily orderblock from January (And has also filled a large imbalance)
If price breaks this then I have the next zone of support landing on my daily deep crabs D point (See image)
Price has also overshot a 4H deep crab by 25 pips (This deep crab also touches the zone of daily imbalance)
Whats your thoughts?
We've had days of bearish PA plus lows taken out with no retracement, now price is sitting on a very strong daily orderblock from January (And has also filled a large imbalance)
If price breaks this then I have the next zone of support landing on my daily deep crabs D point (See image)
Price has also overshot a 4H deep crab by 25 pips (This deep crab also touches the zone of daily imbalance)
Whats your thoughts?
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