Price reacting of touching range low monthly support @ 130, thesis is that even if it holds we will revisit it and spend more time there.
Weekly timeframe price is at resistance.
Daily price rolled over range low and the entry would be on bearish retest of that level.
target is sweeping the low @ 131, and more into monthly support acording to initial thesis.
daily made swing low, deviation for few days under and is now doing round retest of original swing range low
3 trade ideas
1 - back into recent range as trigger
2- back into recent range as trigger
3- the low is in, long now
supply zone below swing low 1
swing low 1
swing low 2
Bearish Bias: weekly ms break and weekly supply zone
Trade Enter: fresh demand zone and possible liquidity pools
trade complication: 3 swing highs in crescent, hard to place stop and hard to choose entry