Price has been doing exactly as analyzed last week. Price is on a downtrend, expecting the price to hit the bullish POI. Here we are at the bullish POI. Volume is decreasing as price mitigates this bullish POI. I'm expecting a further down move as the price took liquidity at 21.80 and has been breaking structure to the downside. Target for this downtrend should be the lows at 15.84
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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.