Strong resistance, we can expect price to retrace. Happy Trading :)
Bearish trend movement for the past few days after price rejection at 50% Fibo lines. Range movement occured at top trend line creating new resistance line. "Higher highs trend" seems to have ended causing price to fall to the bottom trendline. Im expecting a BOUNCE or RETRACE before breakout below. :)
After impulse we have corrective waves. Possible re-test at resistance line but right now im just waiting for a break below the trendline since the bulls have become weak. Flag Pattern at work so expect an impulse downwards. :)