Reason :
Daily support area
Trend line
Fibo 61.8
Head and shoulder D1
Lower line bearish channel H4
Chancr will be much bigger if the price can breaks symetrical triangle in H1
Daily resistance
Trend line
Hidden bearish divergence
Fibo 61
Chance double top
The price will become stronger if it can breaks uptrend channel or even retest after it break
Price will reach a potential swing level which can make it reversed
-Daily resistance
-Fibo 61.8
-Daily trend line
And also the price has broke an uptrend channel in H1, now we wait for it to comeback and make double top pattern in H1
The price seems to reverse once it reach strong swing area that has been tested many time in the past (green rectangle)
STRONG RESISTANCE AREA
DAILY TREND LINE
HIDDEN BEARISH DIVERGENCE D1 (CHANCE)
