As we all witness the strong bullrun from the beginning of 2023, I am now expecting the price to pullback a bit before resuming the uptrend.
As they say, what goes up must come down (at least for a correction) so, after seeing the price getting rejected at the 1677 level by a strong liquidity zone, all we needed was just a confirmation in order for the pullback to be valid. Price dropped from that zone, made a deeper consolidation and right now it started to drop again, breaking the 15 min trendline.
One more thing that I will look after rn is a small flag before entering any sell setups. I expect this to only be a correction in the bigger picture and I'm waiting for the bullrun to resume after this move is completed. My target will be around the 1400 area.