Trend: Bearish
Structure: Breakout, retest and potential bounce off of support
Plan: We look for price to come down to the support level and bounce off towards the upside.
We look for strong confirmation before entry as the prevailing trend has been bearish.
Structure: Breakout, retest and potential bounce off of support
Plan: We look for price to come down to the support level and bounce off towards the upside.
We look for strong confirmation before entry as the prevailing trend has been bearish.