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Reasons-
1) Daily and weekly trend is down as per 200 ema and ichimoku .
2) Rejection from kijun sen on daily.
3) Closing below kumo on H4.
4) Double top neckline broken.
5) Going with the trend
Kindly trade at your own risk.
Good Luck ✌️
1) Daily and weekly trend is down as per 200 ema and ichimoku .
2) Rejection from kijun sen on daily.
3) Closing below kumo on H4.
4) Double top neckline broken.
5) Going with the trend
Kindly trade at your own risk.
Good Luck ✌️
Comment:
I also see a double bottom for the best-case scenario, for the worst case I got my stop loss there.
