1. Break of support.
2. Retracement to breakdown level, confirming old support = new resistance.
3. Continuation of primary (down)trend.
2. Retracement to breakdown level, confirming old support = new resistance.
3. Continuation of primary (down)trend.
Charts Avenue
Bulls: bullish engulfing pattern (daily chart), price bouncing off uptrend line support (weekly chart)
...interesting week ahead ! Follow the price action !