H1 : Failure to hold above MBB triggered a long black candle (bearish !) Base of the rising wedge under attack. Watch carefully the ongoing price action for a potential breakout. A breakout confirmation of the base of this rising wedge coupled with the breakout of the clouds support zone, would open the door for a target @... 44100 !
M15 : Base of the widening wedge pattern also under attack, Breakout confirmed of that pattern would be the first signal calling for further downside targeting at least a retest of the former low @ 47036 Such kind of move would also confirm the breakout of the H1 support trend line and more important also the clouds support zone.