We have weekly support but a weekly descending trendline. Which will break first? Only the market will tell us.
What we're looking at here, is the on the and looking for the break and retest of the neckline down to test out that weekly support.
Any buys only work with a break above the 61.8% fib AND the weekly trendline, keeping our eyes on how price progresses and if it starts to wick back to entry towards the end of the week, we will close at breakeven for buys.