Best I can visualize at the moment, consolidation in the range under historical support then drop again. Must go over support and reclaim to invalidate this bearish scenario.
the rejection wick above support is very bearish.
the rejection wick above support is very bearish.
Comment:
peaked above support but did not reclaim. Price must drop slightly in the next days, and rsi meet the trendline or idea is invalidated if support is reclaimed.
