Steady leg formed below trend support - false breakout or possibly a two-legged breakout bulls exhausted as they tried to pushed above implied key level to keep momentum but failed Expecting big bear candles to around the previous support where bulls held Then retest to the breakout of the local descending triangle where bulls are expected to take profit Short from there on
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.