Reasons for entry according to Confluences:
1.Broke key support
2.Retested key support
3.Previous support now resistance
4.Pair is forming lower lows and lower highs
5.Retest of fib level 38.2%
6.Pair is moving in a down channel
7.Daily,4H and 1H Moving averages crossed over to the downside
8.Good luck!
1.Broke key support
2.Retested key support
3.Previous support now resistance
4.Pair is forming lower lows and lower highs
5.Retest of fib level 38.2%
6.Pair is moving in a down channel
7.Daily,4H and 1H Moving averages crossed over to the downside
8.Good luck!