Sometimes we go for the most obvious pattern, and we get stopped out because it was institutional bait. But in this case I think there are enough indicators of the price going down.
1. macro bullish structure climbing up to a higher time frame supply zone
2. price formed bearish structure on micro scale and has broken and retested below a trend line
3. We are aiming for the 61.8% Fibonacci level
1. macro bullish structure climbing up to a higher time frame supply zone
2. price formed bearish structure on micro scale and has broken and retested below a trend line
3. We are aiming for the 61.8% Fibonacci level