– Price is currently getting squeezed between my moving averages.
– Top side trend was respected and fell from that level
– Trend line plotted from lows also shows a break in trend.
– Price formed a head and shoulders pattern that broke out to the downside today.
– Price has retraced back into the 50 – 61.8% retracement level of todays range.
– Looking for the large wicks at the on the recent 4H candles to get filled to start the momentum to the downside.