Reasons:
- Resistance from the previous top
- Head & Shoulder pattern - Visible in H1 , With neckline breaking now
- Fibo retracement 23% level is also breaking down
- Change of slope in Bollinger bands
- TRIX signalled the top
- Vortex shows start of a bearish trend (Cross of Red line with level 1)
This is a personal realization about the market
- Resistance from the previous top
- Head & Shoulder pattern - Visible in H1 , With neckline breaking now
- Fibo retracement 23% level is also breaking down
- Change of slope in Bollinger bands
- TRIX signalled the top
- Vortex shows start of a bearish trend (Cross of Red line with level 1)
This is a personal realization about the market
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