With so much bearish momentum and with the 50MA holding as support on the 4h, I would like to see this bearish trend continue.
Can we test Jan 4th 2021 low? If so that gives us a risk to reward of 5:1. Price could be headed to 100 MA on the Daily.
Can we test Jan 4th 2021 low? If so that gives us a risk to reward of 5:1. Price could be headed to 100 MA on the Daily.