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1) Downtrend after candle close below MA (9).
2) Possible creation of a bearish channel consisting of the last 2 lowest highs.
3) Possible rupture and testing of the 78.6% level of fibonacci.
4) Stochastic in positive zone with possible bearish direction.
Entry= 1.29947
SL= 1.31127
TP1= 1.28373