-Rejection of the Weekly trendline
-4th rejection on the 4h trendline
-Retesting the monthly level
-EMAS crossed bearish
-Fib extension matches take profit zone, and 4th bounce matches 0.382 lvl
Price now currently ranging, a more conservative entry would be a retest of the purple area
A longer shor would be the other weekly trendline with a purple box to the downwards
-4th rejection on the 4h trendline
-Retesting the monthly level
-EMAS crossed bearish
-Fib extension matches take profit zone, and 4th bounce matches 0.382 lvl
Price now currently ranging, a more conservative entry would be a retest of the purple area
A longer shor would be the other weekly trendline with a purple box to the downwards