The general trend is bearish in the weekly chart. My trading plan seems to be counter trend in this case.
In any case, I am looking to buy deep in the demand level , on the convergence.
I marked on chart potential entry points for buy opportunities in the demand and sell entries high, on the top of the highest supply.
What do you think?
The price moved under the demand. The level was not strong enough. if the weekly candle will be closed upper of inside the level it should continue to rise, if not it's better to look for an exit.
the price spiked from the demand, starting a swing. now the swing is going to be completed and the price is going back converging to the demand and of course on key supports. The demand level is where the price unbalanced by the demand willing (buyers)