Simple chart work here .
-Head and shoulder , trend closed at the right shoulder which usually suggests sellers are still active in the markets.
-The trend also failed to break through the diagonal resistance line 3 time which also suggests further downward activity will occur the coming week.
-The trend is trading below the 50 m.a
- Larger bearish pin bar failed to close above the line
-Trade carefully and inbox if you have any questions
-Head and shoulder , trend closed at the right shoulder which usually suggests sellers are still active in the markets.
-The trend also failed to break through the diagonal resistance line 3 time which also suggests further downward activity will occur the coming week.
-The trend is trading below the 50 m.a
- Larger bearish pin bar failed to close above the line
-Trade carefully and inbox if you have any questions