Well, Obviously the pattern I presented before worked out and now we are in its last part, down toward 6900, for now. I do not think the price goes higher than 7800 and it will be rejected (if retest there).
The best advice for this condition is to avoid high risk and try to trade with tight stop-loss until we can find another valid pattern, probably in a downward channel.
The best advice for this condition is to avoid high risk and try to trade with tight stop-loss until we can find another valid pattern, probably in a downward channel.