Reasons for taking this trade bearish:
1. It’s currently in a downside correction on higher timeframe
2. It’s in a downtrend on the current lower time frame
3. It gave a 78.6 - 88.6 rejection on the fibs
1. It’s currently in a downside correction on higher timeframe
2. It’s in a downtrend on the current lower time frame
3. It gave a 78.6 - 88.6 rejection on the fibs