I am in a sell position now and will watch the price near the bottom supporting trend line, expecting the price either to bump up and rise continue in the downtrend.
Possible scenarios there is the price will fall, retest and either continue down or go back in between the trend lines, that has been present there for a while.
Price needs to be watched closely and trade adjusted accordingly.
Possible scenarios there is the price will fall, retest and either continue down or go back in between the trend lines, that has been present there for a while.
Price needs to be watched closely and trade adjusted accordingly.