Price has continued to deliver Bearishly over the last couple of weeks and there is no reason to believe that will not continue to be the case. Price created new Bearish structure on the 4H and is now looking to be in a Bullish pullback, I have identified a POI which I expect price to bounce off and continue its Bearish push by creating new lows.
Kommentar:
Albeit price has broken the zone higher, I am still very much interested in looking for shorts unless something drastic happens in the coming hours/days.
Kommentar:
At this point price has created two bullish pushes, I am now no longer interested in taking shorts. I would be looking to take longs if the opportunity presents itself.