From technical analysis point of view & doing our top down analysis shows buyers looking expensive.. aka weak. As well, there seems market makers could have region for taking profits in and around current prices..
Price action is building throughout other timeframes but no clear confirmation is visible on monthly yet. Sure price could simply "pause and refresh" and build new manual demand zone continue higher on, but we need discount prices to be had beforehand.. thats how supply and demand principles work.
Price action is building throughout other timeframes but no clear confirmation is visible on monthly yet. Sure price could simply "pause and refresh" and build new manual demand zone continue higher on, but we need discount prices to be had beforehand.. thats how supply and demand principles work.
Trade active:
price just arrived into, testing monthly flip level of interest. been shorting this from most lower highs . daily short prnt.sc/3QORKuAaxtOj left higher one on still.