False breakout followed by a strong sell

2019-12-15 14:48:08

We have a falling channel where price has bounced between for some time. I'm looking to see price close below the upper trend-line to enter a sell position. Also a divergence has formed on the Stoch. Target 1_0.64500, Target 2_0.62500. My targets are based on strong support levels and strong psychological support levels.