# Dailies are bullish but some factors favour a bearish correction, as follows:
* Top at 164.69 hit a major bearish trendline (see thick purple line);
* Prices too far away from the 6EMA which is at 162,22 on last Friday April 14th;
* RSI away from its Moving Average;
* There have been 5 consecutive bullish days, from April 14th to 18th. See the Daily Chart:
# The 04-Hour chart also favours a bearish correction due to an Evening Star formation at a bullish trendline that got broken and has worked as resistance. See the 4-Hour Chart below:
So my points are:## SELL break 163.83 with STOP 164.05 and LIMIT 163.55 (Short move strategy)
## SELL failure 164.40 with STOP 164.70 and LIMIT 163.55 (Aggressive strategy)
## SELL break 163.50 with STOP 163.85 and LIMIT 162.22 (conservative)
