Let's start by looking at the Daily Timeframe, we do see that today's candle begin the day by slowly climbing up, clearing off Sell Volumes before moving sideway down. Then start crashing down an hour ago crossing beyond the 2,900 Support, then leaving a wick there before a candle pullback to close above the 2,900 Support, which means price isn't able to successfully break the Support. But we can't confirm whether the Daily Candle will successfully break the Support because it isn't closed yet.
Since we can't confirm the Price Action on the Daily Timeframe, we'lll drop down to the 4 Hour Timeframe to check the Price Action. So, the 4 Hour Timeframe isn't able to break the 2,900 Support when it came crashing down because there was a total pullback all the way up right now and the price has already went up to touch 2 weak resistance. So now whether the price will go back up or continue crashing down after clearing Sell Volume will depends on how the 4 Hour and the Daily Candle close. Although chances are price will still go down further more it hasn't do a successful reversal yet. But since it haven't been confirm, to open an order now would be nothing more than a gamble.
P.s. Always look for a confirmation before open an order or at least a clear Price Action to maintain a good and healthy trading mindset. :)
