Price is from a HTF supply zone and it has takeout demand areas in the H4 and H1 signaling a start of a downward trend ..Price also formed a sell setup QML which has a Bearish Engulfing CS as a Decision Point giving us more reason to enter for sells
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.