Bearish Viewpoint - - double top, break and retest of neckline. - hammer candlestick closure at neckline. (occuring around daily zone) - break of trendline. - MA's crossing bearish.
Bearish Viewpoint - (personal entry @ 14:00) Bearish channel. - H4 resistance level retested. Hammer candlestick closure at this level. - Bearish MA cross. - 23.6 fibonacci retracement. ( in previous week : break, retest and rejection of previous bullish trend line.) - Sell until previous low / support of channel.
Break of strong support level and retest to show new resistance. MA's are bearish.