Watch for a break & retest of the downtrend line for potential longs, price closed with a strong bullish engulfing candle, & bounce off a strong weekly reversal zone, price could now be ready to change trend direction will be watching closely..
Looks like price gapped above the trendline, now waiting for a close of the gap to go long
Watch for a 4 hour close above the trendline, & previous resistance now support
price back below trendline. trade cancelled
Watch for a breakout either direction, I leaning more towards short because of the trendline resistance & daily resistance