The volume of the break out on the downside will determine if it is really going to crash.
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shawn.i.stewart
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So right now I am currently seeing weak volume to the downside coming out of the breakout. Is that correct? I am new to technical analysis, and I'm trying to gain an understanding of your chart.
seine
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You are right Shawn. Also keep in mind that this is happened in an hourly chart not on a daily chart. So, what happens in the next few days or weeks cannot be determined by this very short term move.