Basing on price actions and liquidity zones, we saw the previous day high liquidated and closed below the opening. While the HTF may still look bullish, the LTF may seek further liquidity below 2891 before punching higher and if that fails, price should continue lower to the 2870 zones for later assessment.
WIll reanalyse when price breaches 2930 and closes above.
I have 3 potential setups
Enter on M5 LTF choch or 50% of engulfing candles 50% when price reaches setup zones
Not financial advice.
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