Price has broken down the structure and make and impulse bearish move. Watch the support line which may become the turning area of the price to move up. 2nd plan the price move back down to supply zone and will be rejected
Note
In 1hr chart price rejected nicely by forming some pin bar and make consolidation. In 4hr chart price creates an inside bar. Price will likely to move up when price breaks up the 4hr inside bar or 1hr structure.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.