D1 - Double wave up, price reached 61.8 fibo zone and is moving lower.
We also got false break of downtrend line.
H4 - Bearish convergence, we may now look for pullbacks and sells with more bearish evidences.
Invalidation: If the price moves higher and break above the last high (marked in yellow line) with momentum then this sell setup will be invalidated.
We also got false break of downtrend line.
H4 - Bearish convergence, we may now look for pullbacks and sells with more bearish evidences.
Invalidation: If the price moves higher and break above the last high (marked in yellow line) with momentum then this sell setup will be invalidated.