I think that this latest run will BART down to previous support levels to re-test. It could break down more if the previous trend line doesn't hold. Although this can trade sideways and go up a good amount from here and still keep the formation, just making the BART head wider. I'm not shorting on this call but I am looking for a new entry based on the reaction of the support test.
Let me know what you guys think!
Let me know what you guys think!