Here what i look at this counter. First, price breakout the trendline and retrace back but did not reach the target area. Second time again price retrace and leave a long shadow exactly at the same price as the first one.
So beware of this formation as the price will come again as third 3rd retest or just move until touching the green zone area before going up.
So beware of this formation as the price will come again as third 3rd retest or just move until touching the green zone area before going up.