Possible consolidation after bearish rally. The analysis is pretty easy to make and straightforward:
1) we got a main cycle buy ABC signal. If you look at the dashboard you can see that the three TF show L3/L4 bullish swings.
2) M5 oracle turned bullish after the signal but HTF1/HTF2 are still bearish > WAIT and relax.
3) Liquidity resistance zone with PDL and Weekly POC + Daily VWAP, this is the real area to watch. If it reverses and breaks, setup is good.
4) If we got into a buy, this will be the area to look for target.
REMEMBER: this is not a confirmed setup, price can easily reach POC/PDL/OB and reverse to continue dipping.
