Broke support, riding the slide down to October lows.
50% fib, horizontal S/R zone Expecting price to drop to bottom of channel, stop loss placed above last waves high.
Weekly trend line break Daily/Weekly horizontal Support BRN 0.650
50 ema below 200 ema price below 200 ema pull back into horizontal resistance zone
Pending order at resistance level after break down.
1. Previous bullish wave was same size. 2. Big round number resistance zone 1.18000 3. RSI divergence, losing momentum to upside. 4. broken support, similar to point 3.