Price did break major structure, its possible price is retesting structure to continue down. But there is a few scenarios that can play out.

1. Price can rest and drop
2. Price can pull back, break structure and continue on its way up
3. Price could break structure and consolidate
Chart PatternsGBPJPYgbpjpyanalysisgbpjpyshortgbpjpysignalTrend Analysis

Also on:

Related publications

Disclaimer