Reasons -
1) Bearish channel.
2) Retest of upper trendline.
3) Below 200 ema on weekly.
4) Bearish Divergence on weekly.
5) Currently at a horizontal key level.
6) Evening star candlestick pattern.
Kindly trade at your own risk
Market uncertainty is far beyond my analysis.
Good Luck ✌️
1) Bearish channel.
2) Retest of upper trendline.
3) Below 200 ema on weekly.
4) Bearish Divergence on weekly.
5) Currently at a horizontal key level.
6) Evening star candlestick pattern.
Kindly trade at your own risk
Market uncertainty is far beyond my analysis.
Good Luck ✌️
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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.
Related publications
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.