Reasons for bias:
EMA proximity
Potentially bearish stochastic
In high liquid zone where a push in either direction is likely(just had a rejection of upper trend line so volume to the downside is more likely).
Downtrend
EMA proximity
Potentially bearish stochastic
In high liquid zone where a push in either direction is likely(just had a rejection of upper trend line so volume to the downside is more likely).
Downtrend
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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.