- Price is rejecting daily level for a 2nd time today.
- Price is rejecting the 200
- 50EMA is below the 200EMA.
- 15 minute lower high/double top at daily level
- showing overbought
Stop loss is placed above current highs.
Profit Target 1 is the daily S1 level
Profit Target 2 is the daily S2 level
Price also made a lower low on the last down leg.