MANY 77500 REJECTIONS, SHORT TO 76000

Telah dikemas kini
The hour chart shows a consolidation and rejection period between the 77400-77600s and in a lower 30M time frame, we see multiple bearish engulfing after a constant 3 bar up play and it gets eaten up with 1 candlestick. Sellers showing control, expecting it to touch the bottom of this downward support at 74000 before a possible break or bounce back to next resistance area.
Nota
Much momentum to the downside as expected. if it breaks below the 77000s another short position may be placed to aim for 0.76000
Chart PatternsTrend Analysis

Penafian