Price has sharply fell since last week, breaking the triangle structure and the major support of the range. Where price tested resistance, once major support, multiple times this week.
Scenario One (Bearish Momentum): Price continues its move to the downside, as bears take over.
Scenario Two (Breakout Rejected): Price consolidates back above the major support.
Scenario One (Bearish Momentum): Price continues its move to the downside, as bears take over.
Scenario Two (Breakout Rejected): Price consolidates back above the major support.
