Moving sideways now but prolly going to sell later. Hold and wait for confirmation...when the support is broken
Expect a big price action (either bull or bear) at the spot i marked blue. That's another point of high confluence. Notice how it went bullish at the last confluence. Always wait for confirmation before entering the market.
a possible trend change to an uptrend. Or a serious bear. Hold and look for a breakout first
The breakout is showing a good sign for a possible trend change from bearish to bullish. If the price action touches and passes the first line of resistance, then this actually confirms this trend change. I'll advice