Price seems to have broke out of its weekly uptrend line during the close of the market. More downside potential to come, I will see how price comes out when the market opens if there will be a potential pullback or not. Price is currently above support, & more confirmation is needed, but overall it looks like more bearish direction is to come..
Trade with care!
Trade with care!
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Daily outlook:
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Keep in mind price could have potentially made a false break, & could come back within its uptrend line
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Waiting for a pullback (lower low) so another lower low can form next