I will start this off by saying I am an unexperienced trader so don't take my analysis as it is make your own deductions implementing my analysis. After the market dipped and created a new structure I went back a few hours and found some key structure levels of support and resistance. After finding those levels I saw that some of them were tested more than 3 times making them solid structure levels to base my predictions on. As you can see the bottom level of support on the new structure correlates with past ones giving us a reason for why price action went up after the big dip hitting that certain level. I personally took the chance of going long after the dip and successfully made profit. As price action went up it hit another key level of support in previous structures but this time it was not support but it was resistance. Price bounced off that line of resistance in the new structure and I believe its going to test that level again and eventually going to dip once again to the lower level. Finally, depending on what new level of support is created the price action is going to go up to an even higher level of support that was tested about 6 times in previous structure and become a level of resistance for the new structure. Im open to constructive criticism i know im not 100% right but this is my opinon on the market right now based on levels of support and resistance.