The price is rising after breaking 420 forming a choch. We await the price to continue towards 454 and will manually move the stop loss.

📉 The price reached a price gap at 404, which is consistent with the Fibonacci level of 61.80%.
This gives us two main scenarios:

✳️ Reversal scenario:
- We wait for the formation of CHoCH (Change of Character).
- If realized, and a successful retest occurs, one can enter with a target:
- 409 (Fibo 38.20%)
- then 414 (Fibo 50%).
- Stop loss below the retest area.

🔻 Continuation scenario:
- If no buying momentum appears at 404, the decline may continue towards:
- 399 (Fibo 66.70%)
- then 382 where there is a strong Order Block.
- If broken, it may head towards the demand area between 300–340.

⚡ Summary: We first monitor the formation of CHoCH, then determine the entry after the retest to avoid risk.

The daily bias is negative:
- The price broke the level of 404 (price gap + Fibo 61.80%).
- The absence of clear buying momentum reinforces the likelihood of continued decline.

🧭 Scenarios:
1. Continued decline:
- towards 399 (Fibo 66.70%).
- then testing 382 as a main Order Block.
- If broken, it may head towards the demand area 300–340.

2. Possible reversal:
- We monitor the formation of CHoCH with a successful retest.
- If realized, the upward targets are: 409 → 414.

The daily trend is negative, but safe entry only occurs after confirmation (CHoCH + retest).