ZN1! Short : Downtrend Correction

14. Apr. 2022We are in a bearish trend, so we must think bearishly. We have a pullback, which would be a strong support zone, and another pullback on the golden ratio of fibonacci levels. Now, after the breakout of the Direction moving average indicator with strong volume + Golden ratio + RSI moving average breakout heading down to the oversold area, and the strong bearish candles movements, we can forecast that the price will continue to fall.

Wait for support breakout as an entry confirmation !

Best of Luck Investors !