Monthly, Weekly and Daily supply in control Currently shorting through to monthly, weekly, daily demand area of interest coupled with monhly TL. A bounce from the demand area has a potential long term bias for longs. Things to consider; A bounce from monthly, weekly, daily demand area A bounce from TL a break of Monthly supply after the bounce.
Monhtly demand in control Bounce off lower Monthly TL retracement to 1180, then heading upwards to first area of interest 1233