Why:
- Descending Triangle
- Below 55 EMA and Kumo (a false breakout to the upside will retest here and probably bounce back)
- Below 50 on the RSI
- WT and MACD trending down
- Decreasing volume
- Measured move hits previous support
- Descending Triangle
- Below 55 EMA and Kumo (a false breakout to the upside will retest here and probably bounce back)
- Below 50 on the RSI
- WT and MACD trending down
- Decreasing volume
- Measured move hits previous support