Downward resistance - BEARISH
Timeframe: 1 Hour
Below both 50 and 200 day SMA
50 SMA is trending down as resistance
RSI is neutral
If we continue to get rejected by this trendline and 50 SMA, will we continue to see the price action trend to the downside?
Below both 50 and 200 day SMA
50 SMA is trending down as resistance
RSI is neutral
If we continue to get rejected by this trendline and 50 SMA, will we continue to see the price action trend to the downside?
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