Hello traders,
- On Monday the price opened by rallying up to fill Friday's price imbalance up to a significant previous support level which is now resistance.
- A Bearish Order block (BeOB) has been formed here which is also the High of the Day (HOTD).
- Since the price has been on a downtrend in the past weeks, the short will be confirmed after the price closes below the 0.88114 level.
Like and Subscribe.