📉 We are expecting a drop after the current pullback. Price may retest near $2,488 before continuing downwards.
📊 Key Levels:
Sell Entry 1: $2,513.67 – Ideal for early sellers looking for confirmation of rejection at this level. Sell Entry 2: $2,488.35 – Safer sell entry after confirmation of the pullback's completion. 🎯 Targets:
🔒 SL 1 (Stop Loss 1): $2,529.20 – Above key resistance, protecting your Sell Entry 1. 🔒 SL 2 (Stop Loss 2): $2,511.00 – Above recent highs, protecting your Sell Entry 2.
📈 Expected Move:
Anticipate some consolidation around the Sell Entry 2 level before the market continues its downward movement. Potential lower-high formation indicates a bearish continuation below $2,470.21 with a target aiming for $2,445.51.
If News forecasts are accurate this week, we can expect to see a short term bearish outlook!
⚠️ Trade wisely, and follow risk management!
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