Simply put, Over Bought EMA cross over, MACD divergence confirmed, Short at the structural neckline of the M, expect the M to confirm on the Daily but also to rebound at the 200 EMA
I was expecting / hoping this would dump, but we have a strong consolidation here and on a higher time frame, no divergence setting up. 3 lows to defend the trade, seeing a W confirm near the 25% level.
Looking for the signal baby, right into that POC.