- A rising trend
- Higher highs, higher lows. Looks inherently
- A contraction of
- A decrease in momentum - the confidence in this rally is wavering
When we see that lower line break with high , it should move fast to the downside. I haven't put much work into where it'll fall if it does, but I think it'll be enough that a target of $26 will result in a profit.
There may be a rally following the reversal, which may be a good buying opportunity.