Price has been steadily declining for the past few weeks so I will be expecting price to create another stop hunt before it continues bearish. This is the price movement that we needed to open the bearish floodgates. This could happen within a few hours, days, or even few weeks, it's fairly close compared to its months of consolidation.
Major entries will technically not be triggered until it creates its confirmation for rejection so will have sell stops in place somewhere around the yellow key level with SL at a structure once it forms but the blue key level is where I am estimating a rejection to be. Earlier entries will be taken as well as later confirmation entries although it can be a bit difficult to estimate the exact price (unless you've brought it down to a science😉).
Major entries will technically not be triggered until it creates its confirmation for rejection so will have sell stops in place somewhere around the yellow key level with SL at a structure once it forms but the blue key level is where I am estimating a rejection to be. Earlier entries will be taken as well as later confirmation entries although it can be a bit difficult to estimate the exact price (unless you've brought it down to a science😉).