there is also a confluence of support based on: -ema 10 -upward trendline of the triangle ready to enter if price reject well this zone
bat pullback to 618 fib and rejected it formed a bullish engulfing in 1h TF usdjpy and spx seems bearish (correlations are coming back)
if we look attentively price broke frankly the trendline and just pullback to it (and more over approximatively to the 0,618fib there is a big bearish divergence on stochastic meaning the bearish trend isnt over. im entering short till next support, sl can be tighter using price action on 1h TF first we have to wait for a small confirmation before entering...
without any real pullback broke last higher high = trend reversal -broke the trendline pullback and rejected strongly -moving averages crossed -formed a bearish pin
fed pumped the market just for their masters, the greedy families who told to them they want to take back their profit little by little they took profit little by little approaching the top and now they will take an enormous part because we reached the top provocating the next crisis on financial indexes. price rebound on 3401 lvl the same level as it was before...