Bullish Momentum + Strong Price Rejection = Sign of Reversal

I shorted this Market due to the following reasons:

Price is currently inside a Big Ascending Channel
Inside it, it formed recently a Mini Ascending Channel which is a sign of reversal.

Other reasons why I shorted this market:
- STRONG MOMENTUM followed by STRONG PRICE REJECTION (a Sign Of Reversal as what I've noticed during backtesting)
- Price broke below 10EMA and formed an Inside Bar

Trade at your own risk!
Ascending ChannelbreakoutExponential Moving Average (EMA)Inside BarMomentum Indicator (MOM)Moving AveragesParallel ChannelpricerejectionsignofreversalTrend Analysis

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