Risky trade, there are not many bearish confluences. The cons are the bullish engulfing candle on the daily, the 4hr ema and the 1hr ema are against a short.
- Trend line break and retest
- Rising Wedge on the 1hr
-Deceleration on the 1 hr
4hr Bearish Divergence
- Trend line break and retest
- Rising Wedge on the 1hr
-Deceleration on the 1 hr
4hr Bearish Divergence