- Price showing consistent bearish market structure with lower highs and lower lows
- Recent equal lows followed by consolidation period indicate some bullish pressure beginning to step in
- Will be awaiting break of dynamic resistance followed by retest before taking long buy position
- Take profit set based on previous price action
Looking for a 1:5RR, 2% risk, let's see how price action develops going into next week⏳
- Recent equal lows followed by consolidation period indicate some bullish pressure beginning to step in
- Will be awaiting break of dynamic resistance followed by retest before taking long buy position
- Take profit set based on previous price action
Looking for a 1:5RR, 2% risk, let's see how price action develops going into next week⏳