1- BEARISH BAT FORMATION
2- STOCK AT PREVIOUS TREND LINE resistance
3- STOCK LOSING MOMENTUM ( RETEST ARE deeper )
AT 15 min chart there is a formation of bearish engulfing pattern
price has respected previous trend line resistance and short term trend lin e resistance
( short entry after breakout of smaller time frame support trend line )
2- STOCK AT PREVIOUS TREND LINE resistance
3- STOCK LOSING MOMENTUM ( RETEST ARE deeper )
AT 15 min chart there is a formation of bearish engulfing pattern
price has respected previous trend line resistance and short term trend lin e resistance
( short entry after breakout of smaller time frame support trend line )