There was a big rally on the WSE recently - 16 green Heikin Ashi candles in a row. Now it's time for a continuation of the downtrend or, less likely, a correction in the new bullish trend.
Why? There is:
- an important supply-resistance level
- a supply zone
- 1-hour confirmation - Head and Shoulders formation
- weekly confirmation - an ending bearish candle
and...