After a significant downtrend, price touched 1.4x as its previous low (check on 1D chart). And bounced back.
Price seems to break a structure but still facing selling pressure from the nearest Resistance ( red line)
I expect the price one more step down fulfill the fvg to the orrange zone before completely going back to the Bullish trend
📌Dislaimers: All my predictions based on my trading strategies, DYOR before entering the market.
📌 Trading Rules:
- Always put SL ( TP might not be needed ) to reduce the risk
- Using proper money management to make sure you do not miss the ideas entries
- Trailing your SL or using Break Even
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Thank you and Trade Safe ❤️
