D1 - Price is moving inside a falling wedge pattern.
H4 - There are two possible scenarios:
Scenario #1 - Price pushes higher, and enters the critical resistance zone that we have marked and also reaching the 100% Fibonacci expansion at 1485.22. This is where I will be looking for aggressive and conservative entries with bearish evidences.
Scenario #2 - We need the price to push lower and break the up trend line. After that we can start looking for sell entries with bearish evidences.
H4 - There are two possible scenarios:
Scenario #1 - Price pushes higher, and enters the critical resistance zone that we have marked and also reaching the 100% Fibonacci expansion at 1485.22. This is where I will be looking for aggressive and conservative entries with bearish evidences.
Scenario #2 - We need the price to push lower and break the up trend line. After that we can start looking for sell entries with bearish evidences.
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