We see a MACD divergence happening and the pattern has been seen before that for an impulsive move down to happen, first it's going to re-test resistance (absorb liquidity ) for the next impulse wave down. This, of course a possible scenario. Things are delicate as they are and never trade against the trend. I'd advise to wait for this to happen then look for DT continuation set ups ๐
Trade closed: target reached:
Targets super reached!! Even breaking out the channel!