Daily - Nice long wick rejection from the descending trendline and lines up with the 'golden pocket' area of the fibonacci.
4HR - Most recent candle failed to close above the dynamic resistance area
Will be looking for a close below the 50MA on the 1hr before considering entering this short.
4HR - Most recent candle failed to close above the dynamic resistance area
Will be looking for a close below the 50MA on the 1hr before considering entering this short.