A lot of traders are flipping bearish at the lows.

In my opinion, this is a do or die level for the bulls, as this is the higher low.

People overcomplicate the market too much.

Try to keep it simple.

When price breaks an important zone 👉🏻 you expect trend continuation.

As long as price is holding a key zone 👉🏻 there is no need to become over-excited bullish or bearish before the market actually confirms the move.

We turned bearish based on lower timeframe and now that price is around its high timeframe important zone. There is no need to expect more downside unless price breaks this zone as well.

Can it break and go down more? Yes

Do we have any confirmation? No

Most traders lose because they react emotionally before the market gives confirmation.

I’d rather be neutral than bearish at an important zone.