I'm not super confident in this idea at this moment, however I feel like we had a critical break of structure on the daily timeframe & 48k as this was the swing low that forming a new high. I believe this signifies we could be ready for a larger pullback. This is likely to be a sizeable move down.
No break has occurred on the weekly of course but the issue with the weekly is that it's just gone straight up with no swing lows until the 28~k region so that's way to much space to trade within on a HTF.
No break has occurred on the weekly of course but the issue with the weekly is that it's just gone straight up with no swing lows until the 28~k region so that's way to much space to trade within on a HTF.