Any comment is appreciated.
The candle touched the EMA 55 a couple of times making me wondering if closing the position, but then a big red candle confirmed the down trend. On the 30 min chart the EMA 55 is about to cross the EMA 21, confirming a longer period downtrend. On the 5 min chart the MACD just crossed the signal line confirming the downtrend, the gap between the EMA 55 and EMA 21 is wider.
Please leave a comment if you think these consideration are wrong or good.