斗兽场-cash #SP 05-23 06:22

I think the macro plan is still in play exactly as I drew it for you guys days ago. However, the main reason I am dropping this update is to show you exactly how much of an impact a major Daily level can have on price action, and how we pinpoint it.

If you look at the daily view, the clear horizontal line shows an obvious reaction. The current rejection at this key level is a great technical sign that the market is respecting the structural resistance and preparing to head downward.

To get a cleaner confirmation on the lower timeframes, such as the 4h chart, we want to see the current candle close in the lower range. Ideally, it needs to close directly beneath the yellow line, breaking below the previous candle body. This will solidify the bearish momentum.

Keep an eye on the candle closes .

#TraderCash 💰
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