if price should perform this on Monday which is, trading below the swing low then I favor a reversal or if it doesn't trade below the swing low, but rather trades below friday low, then I'll go into the market looking for a bullish setup.
With my TP set to friday high and second tp set to where the directional arrow ends.
else
If price should rally above the friday high. Then I favour the market still going down to the take profit below.
So i go into the chart with this perspective to look for a reason to go short in the market.
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.