Rejection sets in at 50EMA/pattern support to prevent double-bottom recovery.
Price now sits at 2878 low and poses a higher chance for further correction.
Our hope now lies in a W1 inverse hammer which would require us to maintain consolidation between ~2875-2950 until EOW.
www.tradingview.com/chart/gDBkksfy/
Price now sits at 2878 low and poses a higher chance for further correction.
Our hope now lies in a W1 inverse hammer which would require us to maintain consolidation between ~2875-2950 until EOW.
www.tradingview.com/chart/gDBkksfy/
