Price went down from the resistance. Instead of bouncing off the support/trendline support area, price continues to go down and breaks the support trendline indicating bearish movement.
At H4 TF, price did reacted at the support area however there is no strong confluence for upside since price just break the TL and the test towards the prev resistance had failed.
Price went down from the resistance. Instead of bouncing off the support/trendline support area, price continues to go down and breaks the support trendline indicating bearish movement.
At H4 TF, price did reacted at the support area however there is no strong confluence for upside since price just break the TL and the test towards the prev resistance had failed.