As per previous price action, we bounced off once again from the 6H Kijun line.
Indicators show oversold conditions, so a retrace to higher is probable, however the overall picture is a bit different this time than the previous 2 bounces (highlighted by the yellow circles)
- RSI / CCI have both extended in the bearish territory - MACD shows that a sell off momentum still in place
From here we can either continue the rally or correcting further as per my long term analysis (see below)