1- Bearish Divergence on RSI Indicator Bearish Divergence on MACD MAs and Histogram 2- Followed by Convergence on MACD Histogram ( formation of New Low )
The price action suggests a typical Scenario of Divergence followed by Convergence.
Therefore, we can expect; 1- Pullback ( ~ 50% Fibo Retracement ) 2- Followed by further continuation to the downside