Yesterday, price action did not unfold as I anticipated. However, today the market has developed a new bearish internal structure after taking out the daily weak higher high (HH). This shift signals a potential counter-pullback and suggests that momentum is turning to the downside.
To align with this emerging trend, I will be looking for short opportunities, confirmed on the 15-minute timeframe. If the bearish confirmation holds, it could provide a favorable setup to capitalize on the continuation of downward pressure.
To align with this emerging trend, I will be looking for short opportunities, confirmed on the 15-minute timeframe. If the bearish confirmation holds, it could provide a favorable setup to capitalize on the continuation of downward pressure.
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Disclaimer
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.