Daily
H4
What to do now?
- Testing the key resistance ( purple line )
- Weak bullish momentum showed from the MACD due to the exhaustion of the histogram
- RSI indicated a death cross at the 80 levels and ready to turn down
H4
- reversal signal formed (yellow box)
- MACD histogram shows the exhaustion of bullish momentum
- Death cross formed at RSI
What to do now?
- Short the market immediately
- Please do your own proper risk management