If price breaks a trend line, it doesn’t necessarily means that price will continue moving in direction of the breakout.
We should be more focused on the structure of the market.
The structure is clearly bearish but honestly on weekly T.F theres no single supply zone
but on daily I see some potential value
expecting a pullback into supply zones for sell entries otherwise this pair is at aweekly Demand zone and also diagonal support
still waiting for confirmation and proof of value to buy
hope y'all like my idea
Goodluck!!
We should be more focused on the structure of the market.
The structure is clearly bearish but honestly on weekly T.F theres no single supply zone
but on daily I see some potential value
expecting a pullback into supply zones for sell entries otherwise this pair is at aweekly Demand zone and also diagonal support
still waiting for confirmation and proof of value to buy
hope y'all like my idea
Goodluck!!