Price pushed back up to approximately 34000 during Asian session and kinda floated sideways during early London session.
There was some nice exhaustion that formed around 2-3 AM which would have potentially made a good entry point but I wasn't awake for that :/
Price now appears to be pushing down retesting recent support of approximately 33800
As of now I'm staying out, I would like to see price push back up to this 34000 - 34200 level and show some signs of exhaustion/reversal before getting in to continue the larger overall bearish trend which I believe is still intact.
We'll see what happens today as this is the final trading day for the month.
See you after NY session!
Good luck!
There was some nice exhaustion that formed around 2-3 AM which would have potentially made a good entry point but I wasn't awake for that :/
Price now appears to be pushing down retesting recent support of approximately 33800
As of now I'm staying out, I would like to see price push back up to this 34000 - 34200 level and show some signs of exhaustion/reversal before getting in to continue the larger overall bearish trend which I believe is still intact.
We'll see what happens today as this is the final trading day for the month.
See you after NY session!
Good luck!
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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.