The markets are clearly bearish, with consistent lower lows. Price Has tested the current trendline but waiting for a confirming bearish push from the market into my zone of interest (along with other confluences) to confirm the sell bias. All in all i'm Looking for SELL opportunities, but if price breaks of fakes out of the trending area the analysis will adjust...
Summary: We are overall on a bullish run, with a retracement seeming to come to an end, allowing a continuation. Price is sitting on areas of structure (S/R & TRENDLINE) with a prominent inside bar (daily) along with the EMAs and ADX indicators trending bullish Giving more fuel to the flame. I'll be looking for BUY opportunities, aiming for the area of imbalance...
