- Bearish every Friday for the past 3 weeks
- 786 retracement
- Structure resistance pulled from weekly time frame
- Rejection off 50 period EMA
- RSI been consistently under 50 line with previous 'fakeouts' above resulting in strong moves lower
- 786 retracement
- Structure resistance pulled from weekly time frame
- Rejection off 50 period EMA
- RSI been consistently under 50 line with previous 'fakeouts' above resulting in strong moves lower