Reasons for short:
1) 100EMA and 200EMA crossover
2) Graph below 200EMA
3) Trend-Based Fibonacci matches with recent 1785.65 tested supports.
P.S - The three arrows are just my prediction of when/where exactly it will reach the tested support with the help of TMA overlay, because it would seem more awesome if I exactly predicted the graph correctly ahahaha.
Either way its going to drop till that 1785.65 support. Hopefully :))
1) 100EMA and 200EMA crossover
2) Graph below 200EMA
3) Trend-Based Fibonacci matches with recent 1785.65 tested supports.
P.S - The three arrows are just my prediction of when/where exactly it will reach the tested support with the help of TMA overlay, because it would seem more awesome if I exactly predicted the graph correctly ahahaha.
Either way its going to drop till that 1785.65 support. Hopefully :))