1. Broke out of wedge.
2. Reached a 0.618 resistance and price got rejected.
3. Volume on the rally up is low in the daily chart. This would possibly mean that the up move is weak.
4. RSI is losing momentum and having slight bearish divergence. Hourly chart shows a stronger bearish divergence.
5.Lower close of previous candle low
6. Good RR.
2. Reached a 0.618 resistance and price got rejected.
3. Volume on the rally up is low in the daily chart. This would possibly mean that the up move is weak.
4. RSI is losing momentum and having slight bearish divergence. Hourly chart shows a stronger bearish divergence.
5.Lower close of previous candle low
6. Good RR.
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