After the price break the support level of the Symmetrical Triangle ,the price retested going back to the ex-support level and continued the bearish movement , what i look into now is a congestion price range before go on the bearish movement , and the stocastico still in overbought and its about to cross and getting out of the overbought zone,another confirmation is the body of the candlestick of 1h time frame , it's noticeable the following doji candlesticks that reflect the weaknesses of the bearish movement ,conclusion we will have a small bullish movement (it will be a congestion pattern) before the price keep pushing down,for scalper can enter a long position but me as swing trader i will keep my short position open.
Note :i share my opinion with other traders to have many ideas as possible so they will be able to predict the next price action,so please don't open any position based on what i post, share with my your analysis to grow together .
Note :i share my opinion with other traders to have many ideas as possible so they will be able to predict the next price action,so please don't open any position based on what i post, share with my your analysis to grow together .