I don't normally use trendlines as much but I noticed nice price action on a broken trendline with a retest. We also have a moving average cross over and Fibonacci confluence. Potential downward movement. I always look for at least 3-4 confluences/confirmations before entering a trade.
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.