Heading to a downwards trend in the daily timeframe. Good opportunity to short, once price enters a zone. Would avoid going long if the downtrend continues.
Red box = Weekly supply zone Green box = Weekly Demand zones Blue boxes = Daily supply/demand zones
Black trendline = Entry Red trendline = SL Target can be 2:1 or 3:1 depending on the level picked.
Might just have to watch out for the news until the end of the month: CB Consumer Confidence (USD) ADP Non-Farm Employment Change (USD) Prelim GDP q/q (USD) Crude Oil Inventories (USD) Unemployment Claims (USD)