Potential short here.
But best to wait for the candle close.
Confluences:
1) Descending trendline
2) Ascending trendline
3) Daily pivot
4) 50% fib
5) 50EMA retest on the 4H
Any candle close above is a no trade.
But best to wait for the candle close.
Confluences:
1) Descending trendline
2) Ascending trendline
3) Daily pivot
4) 50% fib
5) 50EMA retest on the 4H
Any candle close above is a no trade.