We are at weekly supply zone and we seeing price rejects it and drops lower breaking daily structural lows, which is a sign of a reversal
1D
We will ofc be looking for MTF price delivery and further confirmations on LTF because we're still counter-trend, and I don't like trading against trend
Will update this ofc by next week, as we expect price to range a bit before pulling back to that daily supply zone, which goes in line with the saying "sell in may and go away"
Always wait for confirmations, and Happy trading!
1D
We will ofc be looking for MTF price delivery and further confirmations on LTF because we're still counter-trend, and I don't like trading against trend
Will update this ofc by next week, as we expect price to range a bit before pulling back to that daily supply zone, which goes in line with the saying "sell in may and go away"
Always wait for confirmations, and Happy trading!