As you can see we are currently sitting near the demand, After a pin bar reversal in 4H. Also we can see there is a divergence in the daily chart.
Keeping in mind we dont go near 28k where I would be out, I think this might lead us to test 46ish area where we broke down from.
Intermediary I would be aiming for the supply, near the last swing high at 40keks.
Having said that I would be carefully monitoring the Price Action at 31k area as We can consider it as a triple bottom if we see the last swing down as a fakeout, which is seen on the 4H chart.
Keeping in mind we dont go near 28k where I would be out, I think this might lead us to test 46ish area where we broke down from.
Intermediary I would be aiming for the supply, near the last swing high at 40keks.
Having said that I would be carefully monitoring the Price Action at 31k area as We can consider it as a triple bottom if we see the last swing down as a fakeout, which is seen on the 4H chart.
XbtShark