If we break the up-sloping trendline then we might be in for a decent bearish move.
Possible retracement and re-test of the broken trendline could start from completion of a possible bat but I will give priority to the bearish breakout since it could be the start of a longer-term berish trend.
If I also end up trading the bat I will only take 1 conservative target!
Waiting for confirmation now!
Possible retracement and re-test of the broken trendline could start from completion of a possible bat but I will give priority to the bearish breakout since it could be the start of a longer-term berish trend.
If I also end up trading the bat I will only take 1 conservative target!
Waiting for confirmation now!