Price currently on a downtrend and it broke structure yesterday.
Price currently retracing to SELL/SUPPLY ZONE which may allow us to go short.
Looking to enter at the 78% FIB OTE LEVEL however price may only reach the lower supply zone marked by the two lines if that is the case look for
choch in 15 min for confirmation entries.
Thought process and analysis on the chart as notes any review post analysis on the comment section.
Happy trading cheers!
Price currently retracing to SELL/SUPPLY ZONE which may allow us to go short.
Looking to enter at the 78% FIB OTE LEVEL however price may only reach the lower supply zone marked by the two lines if that is the case look for
choch in 15 min for confirmation entries.
Thought process and analysis on the chart as notes any review post analysis on the comment section.
Happy trading cheers!