Confluences identified:
1. Bounce off a fast trend line
2. break and close below counter trendline on the 4H
3. MAs crossed over on the daily and 2H and
about to close to the downside on the 4H
4. strong bearish momemtum
5. Approaching a Fib cluster before possible pullback
1. Bounce off a fast trend line
2. break and close below counter trendline on the 4H
3. MAs crossed over on the daily and 2H and
about to close to the downside on the 4H
4. strong bearish momemtum
5. Approaching a Fib cluster before possible pullback