Confluences - Price is in bearish market structure forming lower lows and lower highs. this is also shown by the market making bearish impulses, followed by bullish corrections - We are currently in a bullish corrective which has actually rejected the 61.8 fib level (golden zone) to perfection - Current daily candles are dojis showing a slow down in momentum and indecision in the market
What we are waiting for - We are waiting for evidence that the corrective structure has come to an end before taking sells