Below 200 EMA, 4H downtrend, below trendline, right on 76.4%.
Price Action Expectance:
2) Contrary opinion
3) Above 200 EMA
Shorting the current short-term downtrend on the next opportunity, price below 200 EMA at 1H, 4H and this 5M. We'll see what happens next - 1.5 R:R Ratio.
We can see clearly touching both falling trendline, and price making a bounce from Bollinger's band, so that should on our knowledge on Technical Analysis indicate a potential push down to the lower lows. We'll see.