ANKRUSDT UPDATEOn the monthly TF since rejecting ATH the market has formed a double top formation and a bearish monthly engulfing with a potential wick to fill. Going down on the Weekly TF we can see how the price is currently testing previous weekly demand as new supply in confluence with the 0.618 FIB. Down on the 1D TF we can notice how although the market has broken above the descending trendline, market structure is still in fact bearish forming LH and LL, this broken trendline would have induced a lot of bulls into the market and hunted the stops of early shorts. Meaning that now the area of interest in which the liquidity is to the downside below the lows. We will be waiting on lower timeframes with students throughout the week for one of our entry rules to be satisfied before taking any potential shorting opportunity. Set up is invalidated if we see a daily HH close