Test cont

The market is still in testing phase until it reaches the orange zone where we expect to see the final test as the market is draining out sell limits we don't expect lower price from this level if u do u'll probably in a losing position it's been easy to see sellers are weak here but this does not mean buyers are strong as I said the market will range the orange zone will determine how much sell limits are left as it will require an increa in volatility to break back n whenn if the market shows this failure then we can expect a bull rally into a seller pullback this isn't a reversal just a pullback a bullish reversal will break the high n we need to see accumulation to generate the orders needed to do such an act.. One just remember that hughe orders as to b place in the market for the market to run up n knock out distribution structure these orders can only b placed when the market is slowed down that's why it's called accumulation! It has to accumulate a pullback can happen at pervious support at new support at orderblock etc etc but not a reversal!!

The buyers are testing the neckline strength of the bearish defense it's their last line of it as we can see the testing candle is absorbing the zone notice the larger body then the other candle with the wick On top this candle shows us that the bearsish zone is weak or else the body wouldn't b bigger than the wick!! This maybe enough to encourage a rally yet we are conservative n want to see the reaction at the zone here I hope u can now start to see n understand what's going on here ! U can read the pervious post to put it all together

Gl