In Structure the Fib shows that the Support has held strong positions, the .5% shows price to cause a Corrective Trend and then later continue its Impulsive trend in a downtrend form.
The EMAs show to have just currently cross the price bars and hence a further downtrend can be expected.
The RSI also shows that a downtrend should occur soon.
I recommend taking a Short position.
The EMAs show to have just currently cross the price bars and hence a further downtrend can be expected.
The RSI also shows that a downtrend should occur soon.
I recommend taking a Short position.