$SANTOS — on the 1D chart, I don't like anything!
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1. There are no signs of price consolidation.
For example: flat movement, attempts to rise, or volatile movement in both directions.
None of this is present — and I don't like it.
2. The price approached the Liquidity Levels.
However, it has not taken liquidity for the third day in a row.
I don't like this.
3. The price approached the OB on 12h (buyer's interest zone).
But it has not entered it.
I don't like this.
4. There are 2 FVG left below on the daily chart.
Price ranges: $2.037–$2.003 / $1.90–$1.88.
The presence of FVG below is not something I like.
5. MACD shows increasing selling strength, and there are no signs of weakness in the sales.
I don't like this.
6. On all past news about the club and games, the price has only fallen.
I doubt today will be an exception.
Even if the price stops today and starts to consolidate,
Or shows growth of 4-8%,
This is not enough for a price reversal, and it will take 5-7 days for confirmation.
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No matter how optimistic I was last week,
Today I see no signs of growth in the next 3-5 days.
Sentiment:
50% set for decline / 35% - consolidation / 15% - local growth with a return to the initial growth point 🤷