-Ascending TL breakout, approaching retest
-Previous area of S&R
-0.5 fib retracement
-MA50 supporting bearish momentum with further downside expectancy
-Previous area of S&R
-0.5 fib retracement
-MA50 supporting bearish momentum with further downside expectancy
Note
Just noticed I misplaced the Fib retracement so ignore that. Entry remains unchanged
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.