after a boring price action we have the final decisive move , its simple
if we break down the black line support , i am 100% bearish
if we break up ,we will make an higher low , which is in alignment with wykoff pattern phase D,then we have the potential to turn bullish again .
the breakdown can happen from now till monday. [around 48H]
yesterday i was wondering if wykoff pattern had been already executed in any market like forex , stocks ..and what i found is that if you go to the APPLE stock - market ranging from 2002 _ 1 W timeframe you can see a wykoff pattern very very similar to the current one [ similarities in term of price action ], when i saw it i was wonder , i reccomend you guys to view that structure frfom APPLE chart [it is very helpful in the understanding]
so thats it .have a good one