UKX: Bearish trend, Short-term correction
Fibonacci retracement to 61.8 on downward movement.
Devouring bar on resistance levels.
Three bearish bars - "three black crows" negative price action signal
Internal nbar, if the price crosses below 6244 we will have a sell signal
RSI before the break on 50; passing under 50 is also a negative signal. As the price goes above 25 EMA - negative formation for sell
CCI (50) passes under 100 - possible downgrade.
DeM: - passed under 0.7 - a negative signal
SL: 6356 *
Alternative scenario:
Only price above 6454 will change the negative formation
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