I see a weak momentum, it is likely going to retest to pick momentum from the trend or the valley.
Kommentera:
On this timeframe and higher timeframe, this level has never been an accumulation zone, so It's either it finds momentum on a smaller time frame or it goes down to get it.
Kommentera:
As predicted, there was a retest and it respected the trend. I am personally expecting a long bounce in the upward direction now.