since trading is a game of probabilities we fellow traders starve for confluences and we always seek more of it, anyway in this chart exists 4 confluences that i'm going to mention:
1 - bullish volume is fading means that price can go short
2 - divergence in bill's awesome oscillator
3 - ending of WXY correction pattern elliott wave
4 - finally that mystical level known as 618 fib
1 - bullish volume is fading means that price can go short
2 - divergence in bill's awesome oscillator
3 - ending of WXY correction pattern elliott wave
4 - finally that mystical level known as 618 fib