If it weren't for the deadly bearish monthly chart this would look like too obvious a short set up.
Curious to see if they drag it up to the top of the pennant again, or if it breaks down from here...
Trade ativo
Nota
an inside bar would more likely mean a retest of the top of the pennant in my mind. so further slippage below 58 this week is called for if we want to maintain a bearish narrative. very curious to see how this plays out going into the new month.
Nota
we have broken down out of this pennant. awaiting confirmation.
Nota
retesting the pennant. dead cat bounce? or will we rise back above resistance?
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