1) Possible short-term downtrend to continue closing candles below MA (9).
2) Possible continuation of the price at the lower level of the bullish channel, after rebound at level 61.8% of the fibonacci.
3) Possible breakdown of the 78.6% level of fibonacci with large bearish sail.
4) Stochastic in positive zone and with bearish direction.
Setup:
Entry = 60.33
SL= 61.59
TP1= 58.62
TP2= 57.18
2) Possible continuation of the price at the lower level of the bullish channel, after rebound at level 61.8% of the fibonacci.
3) Possible breakdown of the 78.6% level of fibonacci with large bearish sail.
4) Stochastic in positive zone and with bearish direction.
Setup:
Entry = 60.33
SL= 61.59
TP1= 58.62
TP2= 57.18