-trendline broken -Emas crossing -Engulfing candle on the highs -Broke support, and coming back
Whats the play here? I see a retest of the previous support now turned resistance, that with the current confluences I see it going at least to the previous lower close, if we look left that seems to be an important zone.
I might take some out of the table and let it ride to the monthly
Thanks for your idea, I agree with your bearish view and am looking at a breakout trade