- Three times higher prices have been rejected
- red pin bar candle has formed at the .618 fib and closed lower than green candles on hourly chart also.
- Rsi is bearish
- TP set at major support level
- red pin bar candle has formed at the .618 fib and closed lower than green candles on hourly chart also.
- Rsi is bearish
- TP set at major support level
Kommentar:
on the 5 min chart around European open a cypher pattern was successfully formed and gave further confirmation of bearish momentum at the 618 fib zone shown above.