Is Bearish Meeting Line that strong?

MCP broke our support line today (lower slope) while the 61.8% Fibonacci Retracement level proved to be a strong resistance. Bullish signals are still there which includes the Tenkan Sen hovering above the Kijun Sen; price moving above the Kumo or Cloud. BUT notice that Chikou Span is not anymore confirming the bullishness as it move below the price at that period.

Is Bearish Meeting Line that strong?

Caveat!

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