This is a support and resistance analysis, you can the market coming down to touch my support level, respecting my last HL. Before it continue the uptrend movement
From my own point of view we have a break of structure from up trend, which will automatically change the market structure. I’m seeing a downward movement.
Base on my analysis from the four hour time frame i see a downtrend. Come to the fifteen minutes its respect my support level turning it to resistance level, came back and respect my fib zone, instead of creating a new higher high, support still turn to resistance giving me the confirmation of downward movement.
