Drop before accumulation

8 בפבר׳ 2023

Market has been creating somewhat of a bearish flag and within the bearish towards the current structure of the market its touched the 15m trend line in place which is holding the movement bearish heading towards the lower level of the bear flag, confirmations will have to be in place, look for pinbars and price action patterns. So on the 5m I am looking for a rejection on the fib levels I have marked out starting with the 38.20 %.