After breaking below the 2.55 price area recent price action is seen to pull back into and retest it showing signs of potential downward continuation. This price level is in very close proximity to the 20 ema
and the 0.382 Fibonacci level. A bearish
reversal bar thrusting off of this bundled rejection region is an offering of a short entry to resume to the downward trend.
entry - below low of today's bearish
stop loss - above high of today's bearish
target - at or ideally below previous low for better reward:risk profile