Nothing is more bullish than a failed breakdown. Chart says it all. Candle is yet to close, so wait for conviction.
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Potential IHS in play. Invalid if it drops below 6200, in which case I would be exiting.
Potential IHS in play. Invalid if it drops below 6200, in which case I would be exiting.
Confirmed crossover on hourly chart. If more bullish signs appear on larger time frames, the breakdown will play out as a bear trap.