Reasons for bias:
Bearish stochastic
Discontinuation of trend strength at 1.618 fib level signaling a reversal
Price at area of structure
Rejection of 240 EMA
Pullback on overall downtrend
Bearish stochastic
Discontinuation of trend strength at 1.618 fib level signaling a reversal
Price at area of structure
Rejection of 240 EMA
Pullback on overall downtrend
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.