Hi, everybody A new trading month opened yesterday, and with it a new week.
A breakdown was formed from below with the boundaries of 25,250- 26,940, which is a zone of corrective movement on the weekly TF. At the top is IMB with borders of 31,980-37,570 and liquidity of 32,400, which is a zone for further growth.
The weekly chart remains ascending with the formation of HH.
The daily structure has been broken, now the price is trading in a corrective movement from the wave of decline. From below, there are equal lows at 26,508 and 26,940 + they are in the IMB zone, which are targets for further decline.
More locally, I consider the return of the price to the imb 4h+img 1p+ ab zone and the continuation of the downward movement.
Profitable trades.
❗is not a financial recommendation, before concluding a specific transaction, independently conduct an asset analysis.