Yesterday candle pattern at res was a good signal for entering short.
Today additional confirmation has increased the probability for safer short positions.
PRO + back to back bear candle patters + today candle can be considered as a part of a not so perfect but "tradable" falling 3 methods pattern + today close is below the recent swing low + has closed decidely outside small bull channel + has closed back inside descending res TL/channel + good R:R + has closed below ema + stoch divergence + also good for trade multiple positions
CONS - let's take a look at what happens at next fibo levels in the coming sessions - a small bear candle can provide turncoat supp near 50% fibo