Confluences
- False breakout above resistance at 85.00
- Already forming bearish market structure with a lower low and lower high
- Big wick rejections to the upside on the weekly timeframe which shows sell pressure
- Strong break below support creating a new lower low in the market
- False breakout above resistance at 85.00
- Already forming bearish market structure with a lower low and lower high
- Big wick rejections to the upside on the weekly timeframe which shows sell pressure
- Strong break below support creating a new lower low in the market