We have a bearish butterfly that completed at the 1.618 fib level on the D point. Price action has tested the PRZ multiple times and right now looks like a good time to enter. At this area there is also some heavy resistance if you look to the left. (Highlighted in yellow)
I will enter the short right now. Some good risk to reward on this one.
I will enter the short right now. Some good risk to reward on this one.