At this state we know that trendline traders are being forced liquidated, we also see sellside liquidity just before that drop, we'll be looking for a reaction around that supply zone to see a continous move to the downside BUT bearing in mind the momentum with which price approaches the zone.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.