We have another good set-up here in the form of an advanced bearish cypher
. The overall trend of this market is bearish
and yesterday we broke a major structure to the downside so i expect this sharp recovery that we had in the last few hours to be nothing but a relieve rally. Our RSI
is overbought and all signs are pointing towards a the bearish trend
continuing and the question is when will that happen? Let's hope this cypher
is the reason why we see a renewed selling interest.