#Price rejects at the monthly key resistance & 3rd bounce of monthly downtrend line.
#Weekly candle closes with bearish engulfing bar with almost no downside wick , indicates high selling pressure
#Price is testing broken support - a new resistance
#could be a potential long term swing short setup
#Weekly candle closes with bearish engulfing bar with almost no downside wick , indicates high selling pressure
#Price is testing broken support - a new resistance
#could be a potential long term swing short setup