Higher timeframe shows bearish sentiment so I'm looking for potential shorts on lower time frames. Looking for a rejection at this resistance area of $33,292 and then down to the freshly printed daily pivot point at $31,718. Used volume profile to look for heavy volume areas where price can stall.
Comment:
Trade stopped at breakeven. I was expecting further downside but it just couldn't break support. I'm glad I made the sensible approach and placed stops at breakeven as this big impulse would have taken out original stops.