We have a sell on the 4h and showing a divergence on a 1h, we also are in confluence with the Daily chart as well which gives us a better reason to sell off the 61.8 and get back in the daily trend. We have a trend line break on the one hour as well as a possible head and shoulder forming on the 1h so to sum up reasons
1. Daily confluence BEAR MARKET
2. 4h 61.8 fibonacci
3. Supply zone at 61.8
4. 1H trend line break
5. 1H head and shoulders
1. Daily confluence BEAR MARKET
2. 4h 61.8 fibonacci
3. Supply zone at 61.8
4. 1H trend line break
5. 1H head and shoulders