Price action rose from 11,300 to 12,100 before pulling back to 11,500 forming a range of price action between the two.
Technical indicators on the smaller time frames suggest the price is oversold, the conflict between timeframes suggest short-term price action, but an overall range until on of the two critical points are broken.
Bearish: continues to decline at 11,300 support is unable to hold causing a re-test of 10,700 - 11,000 support.
Bullish: Short-term buying pressure moves the price back up to 12,000, with enough , we could test 12,300.
55% / 45%