This week let us a nice reyection at 12.27 (aprox), aligned with a nice old resistence now supprt.
The RSI have a nice S/R patter too.
If your not bullish with the volume + the monster impulse, ok, thats fine haha.
So, i'll be waiting for the bear to bull swap at 4h timeframe. to confirm this nice R/R.
Remember, it's all about nice Risk Reward oportunities....
From COT perspective, hedge fund were closing big longs position weeks ago, now just with a small short side, BUT the last COT shows a big position opened in long in comparition with net shorts.
So, i'm not short, but i think that it could be a nice R/R in that gray area to a short scalp.