Bearish movement ,expectation due to the formation of HH & HL.
The price has to come back into the premium zone for more buys if the selling pressure keeps on going in
The market has been creating higher highs and higher lows until it has over bought ,so now looking forward to be jumping into some sells because of the supply zone which it has retested .Market Can drop to 32800 zone if the sellers come in hard .Kindly Use good risk management as we still expect some bullish momentum a bit
Chfjpy sell analysis based on the high and hL .Trend channel being followed but it has reached a resistance level and a rising wedge has been formed on a resistance level signal for sell