Chart: Daily
Market: Ranging
Bearish Indicators
1. High test candle high above 50 EMA
2. High test candle open and close below 50 EMA
3. High test candle below ascending channel - support now resisance (blue dotted lines)
4. Price trading below 0.68480 resistance
5. Price is in pull back mode
6. Double top found on weekly chart
Agree / Disagree? Comment below!
Market: Ranging
Bearish Indicators
1. High test candle high above 50 EMA
2. High test candle open and close below 50 EMA
3. High test candle below ascending channel - support now resisance (blue dotted lines)
4. Price trading below 0.68480 resistance
5. Price is in pull back mode
6. Double top found on weekly chart
Agree / Disagree? Comment below!