We are in this downwards move from the top and when the fractal level is broken the short position (red line) will be extended.
A first attempt took place but didn’t closed below, but some resistance is what can be expected at this level.
Note: when/if it breaks, a short free fall could follow.
A first attempt took place but didn’t closed below, but some resistance is what can be expected at this level.
Note: when/if it breaks, a short free fall could follow.
