Confirmations:
50day MA rejection
Support area rejection- this is the 50% fib retracement from the downtrend starting in April 2019
continuation pattern forming- price created a new daily low to help form this pattern
50day MA rejection
Support area rejection- this is the 50% fib retracement from the downtrend starting in April 2019
continuation pattern forming- price created a new daily low to help form this pattern