WRB with base at 200 dema. Simple set up.
A big down bar on weekly charts on lower volumes after a bounce from 200 WMA with higer vols. Is this a continuation of a breakdown. Maybe more clues over the next few candles, perhaps!
A big red bar with huge volumes took out the support from where it made a reasonably sustainable bounce twice. The retracement back to the previous support has been with lower volumes. Downmove to resume?