1) 3rd rejection of DAILY trendline, can't make a higher high
2) OVERALL DOWNTREND
3) Local trend: DOWN
4) Made an impulse downside movement, currently in the correction phase
5) FIBO rejection after impulse + can't make a higher high on the H1 timeframe
6) HORIZONTAL VOLUMES are higher, so probably we not gonna break above them, and I'm waiting for the VOLUME rejection here
7) Will be waiting for the confirmation here, and the best way to be in - it's waiting now, or use stop sell order or wait for a break of the current H1 trendline and short it
2) OVERALL DOWNTREND
3) Local trend: DOWN
4) Made an impulse downside movement, currently in the correction phase
5) FIBO rejection after impulse + can't make a higher high on the H1 timeframe
6) HORIZONTAL VOLUMES are higher, so probably we not gonna break above them, and I'm waiting for the VOLUME rejection here
7) Will be waiting for the confirmation here, and the best way to be in - it's waiting now, or use stop sell order or wait for a break of the current H1 trendline and short it