1.Swing structure is Bearish 2.Internal structure is Bullish
Follow internal structure order flow, I can expect price to pull back into discounted areas for possible long positions targeting the newly created internal high.
This analysis is against the current trend of the market and price is already trading within HTF discounted price or above 50% FIB level. (High Risk trade)
Please see the following post for HTF expectation.
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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.