Bearish potential after resistance

27 авг. 2023 г.

It seems that if the new high does not get broken we could see a strong retracement after hitting a previous strong bearish order block.

The push down from this order block should be enough to break through the smaller resistance lower down.

27 авг. 2023 г.

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The high has held so far. 1 min chart has a bearish broken trendline.

27 авг. 2023 г.

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Stochastic has came down from oversold on the 5 min chart, strong bearish move from main resistance.

27 авг. 2023 г.

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BEARISH Break of structure on 5m

27 авг. 2023 г.

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Bearish bounce of newly created order block under resistance.
Looks like it is about to start moving!

27 авг. 2023 г.

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deep pullback to create an equal high, looking very bearish again

27 авг. 2023 г.

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looking for a break of market structure on the 5min for main confirmation

28 авг. 2023 г.

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wahhhooooooo