Bullish short term to possibly go bearish... maintaining the channel. A break and close above the channel line above, accompanied with a retest and rejection, would potentially pave way for a rally to the upside. But for the time being, we buy to sell... applying good risk management at the supply area above
We react with the market. Liquidity areas must be taken to continue with the newly established 4hr bullish trend... Keep an eye for trendline liquidity grab and unmitigated bullish OB as seen below. With other parameters established....we go in for a long position but upon our confirmatory entry criteria.
The market is indecisive for now until the current demand area being approached is completely reacted upon for either a grab of the SSL for a long opportunity or the BSL.for a short opportunity