H4 and D1 for $RAY are both leaning bearish. Over the past 24 hours, RAY edged down. The price was recorded at $1.7621.

On the closed daily candle, the regression line slopes downward and is below the signal line. This indicator alone isn’t enough to conclude that the price has changed trend.

The 4-hour and daily timeframes are both leaning bearish. Support is at $1.7312: an H4 close below this level would confirm a loss of the support zone. How do you think the price will move over the next 24 hours?