Now that we've dropped even lower, we're nearing in on an important point of interest (blue box).
If we don't see some kind of reversal in this box, and we drop below it, i think the black & green box are next point of interest.
This is an imbalance that could still need filling up, and an orderblock which could be mitigated.
I know things look kinda bearish in the shortterm, but if in doubt, zoom out: we're still in an uptrend on the bigger timeframe :)
If we don't see some kind of reversal in this box, and we drop below it, i think the black & green box are next point of interest.
This is an imbalance that could still need filling up, and an orderblock which could be mitigated.
I know things look kinda bearish in the shortterm, but if in doubt, zoom out: we're still in an uptrend on the bigger timeframe :)