Monthly:
It is clear that price has rejected any bullish orders.
Rejecting the bearish TL on the 3rd touch
Major pullback candle.
Weekly:
Price did close above previous candle.
We could see a potential push on the smaller TF to find more sell orders.
Daily:
Price opened on a mid range zone.
Which will be a Support zone on the 4H timeframe.
Wait for indication before any entries.
We can see rejection on this zone.
Finding more seller on the Resistance and 3rd touch on bearish TL
4Hour:
ENTRIES!!!
Price is very choppy.
Consolidation area.
Our bigger picture is bearish.
No entries on this mid range zone.
It is just Noise at the moment.
It is clear that price has rejected any bullish orders.
Rejecting the bearish TL on the 3rd touch
Major pullback candle.
Weekly:
Price did close above previous candle.
We could see a potential push on the smaller TF to find more sell orders.
Daily:
Price opened on a mid range zone.
Which will be a Support zone on the 4H timeframe.
Wait for indication before any entries.
We can see rejection on this zone.
Finding more seller on the Resistance and 3rd touch on bearish TL
4Hour:
ENTRIES!!!
Price is very choppy.
Consolidation area.
Our bigger picture is bearish.
No entries on this mid range zone.
It is just Noise at the moment.