Only bearish after breakout. Sell the continuation should one occur. It is what I am expecting next week. New highs will target the .5 fib level (solid line on chart).
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Following anticipated price action absolutely precisely
Breakout complete! Sell the continuation. Don't be too hasty, wait for the right entry. Huge R/R is possible. Be conservative: If price becomes bullish, exit. Otherwise, ride it lower. Cheers!