It is all a game of speculation. We broke the Daily down trend and closed with a new high. However it looks like the bullish energy is pretty exhaust from it's battle. All indicators are showing a bearish trend. I will say this down trend was almost 12 months long so price isn't going to just sky rocket from the break. It will definitely need time to switch gears. I tried something new. I used the gann fan to line up with the 61% retrace. If we get a nice double bottom or inverted head and shoulders on the 1hr time frame in this region, I'll definitely look into a buy, I will also make sure the daily stoch and my other indicators imply a bullish momentum as well. If we get that we should be looking at a pretty new move up, But that is speculation, Let's just wait to see how price reacts, it could easily drop.
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