10,000 Ft View - Weekly Chart
Lets zoom for a closer look at the trade set-up on the 4 hr chart. What I like about the set-up is price formed a level on level (supply on top of supply) and there were enough sellers to push price below the most recent pivot low.
Here is a closer look at the zone.
This post is my personal opinion. I’m not a financial advisor, this isn't financial advise. Do your own research before making investment decisions.