-It is retesting a zone that in the past was also a strong resistance.
-The last weekly candle rejected the 61.8% of the weekly fib.
-The -27 is aligning with the next weekly low.
Daily: -Price failed to make HHs and now it is making LLs.
-We have an institutional candle that could push the price to the downside.
4H: -We could be monitoring price action from a 4h perspective to look for a valid entry.