As expected the price broke below the channel waiting for retest and if there is shift in momentum to bears looking for going short. if there is no retest and close inside the support that would be a false breakout and would probably go long.
Note
Momentum of the market was too high that it did not retest the zone..waiting for the market to come back to the trendline
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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.