As you can see there is a structure that has been broken. so i think there is a possibility that price go to re-test the up trend to make a new rally up.
price could bounce at the support and make a rally up with out touching the up trend. personally i think price will not bounce at the support just a little correction and then fall to the up trend.
so lets short to the support and lets see what will happen so we can hold the short then or open a new trade with a long position.
what do you think?
price could bounce at the support and make a rally up with out touching the up trend. personally i think price will not bounce at the support just a little correction and then fall to the up trend.
so lets short to the support and lets see what will happen so we can hold the short then or open a new trade with a long position.
what do you think?
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