Fundamentals suggest strong bearish continuation
1) Downtrend triangle forming
2) Psych level 0.69200 with prev resistance
3) 3rd touch of trendline
4) HH, HL, LH, LL indication of bearish structure
4) EMA closing in
5) Look for candle rejections in fib zone
1) Downtrend triangle forming
2) Psych level 0.69200 with prev resistance
3) 3rd touch of trendline
4) HH, HL, LH, LL indication of bearish structure
4) EMA closing in
5) Look for candle rejections in fib zone
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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.