Bonnyface

Bonnyface

supply ,strong s n r level(confluence),bears ready to push price down to make a new low.

Bonnyface

strong demand level,so we expert the bulls to rally..

Bonnyface

Ending diagonal and an engulfing candle at an area of strong support and resistance,a strong downtrend on a daily..

Bonnyface

USD strengthning,TRUMP bug.

Bonnyface

trendline is broken and after a retest i expect bears to take over

Bonnyface Updated 

strong support and resistance level.