Short on retracement worked wonderfully last week. If price attempts the 13666 and 13100 region. i, this may mean we need to look at market behavior being in a rotation structure between 15160 & 13100.
Possible Scenario mapped out: 1) False break of 13881 and price returns above it, is support, and long opportunity may be presented 2) If market attempts Upthrust at `14391, and rejected = short opportunity.
Weekly = Low vol down bar closing at low = weakness Daily = Average vol down bar closing at low = weakness H4:Average vol down bar closing at low = weakness
Price reaction levels: Short on Test and Reject | Long on Test and Accept
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