Description
⋅ We have built lots of orders above the current area on the daily downtrend.
However I will still be looking for this trend to continue. We have 2 great target areas for selling above, ranges within ranges.
This fits with the narrative to fill the imbalance lower before the bullish move to the upside can take off.
I am favouring the short currently as this fits with most timeframes, however we do have 1 area of interest for the potential long trade.
The second area down lower could be reached today however I am expecting this could be a few days away.
Happy Trading Envision