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Consolidation below the bearish line. Still short.

Short
NEOUSD has succeeded at trading on low grounds still below the bearish trend line (red dots) of the last 1D Lower High (RSI = 37.803, MACD = -3.103, B/BP = -2.1943). As the neutral Williams = -48.763, CCI = -20.7280, Highs/Lows = 0 indicate, the price is near its Lower High limits, which extend up to a maximum of 21.96. As soon as this consolidation on 4H comes to a close (RSI = 47.553, CCI = 15.0206, Highs/Lows = 0) we expect NEO to reach our TP = 8.78.

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