Retest of previous broken up trend channel....lets see if will see short opportunities, enrty on lower time fame (H4). A close under the channel will be a good signal of short confirmation which lines up with the 0.618 fib level. The market might test the 0.618 fib level and for more confirmation of further down movement is if we close below the 0.618 level.
Chart PatternsTrend AnalysisWave Analysis

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