Price is breaking bullish out of a D Channel + forming a W off a D bullish Trendline. So I am looking for the W to be completed with some bullish continuation before continuing bearish.
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Price has closed below the previous low on the daily. I do not think that this W will happen at this point. If price buys up it will be from a different point and not where I had it marked up.
Closing idea
Closing idea