Reasons-
1) Weekly & Daily trend is down.
2) Rejection from higher timeframe upper trendline.
3) Possible upside range fakeout.
4) FOMO bulls trapped.
5) Evening star candlestick pattern on H4 chart.
6) MOVING AVERAGES & KEY LEVELS IN OUR FAVOUR.
Kindly trade at your own risk.
Good Luck ✌️
1) Weekly & Daily trend is down.
2) Rejection from higher timeframe upper trendline.
3) Possible upside range fakeout.
4) FOMO bulls trapped.
5) Evening star candlestick pattern on H4 chart.
6) MOVING AVERAGES & KEY LEVELS IN OUR FAVOUR.
Kindly trade at your own risk.
Good Luck ✌️
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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.
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.