As the title says, this confluence was so obvious it was almost slapping us in the face. We have price action losing control of the Red H4 10 SMA, with a cross to the downside on the Stochastic, along with a downward cross on the RSI + EMA.
This set up a significant downward move which very well have more to go if the bulls can’t establish a support area.
My entries and take profits are listed on the chart.
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