Obviously all of us retail traders are hoping for a push towards the down side and that trendline was our entry. It has now created a false break of structure and you can tell by the volumes on the chart, they are decreasing instead of increasing. when it does the opposite it means it is a fake break out.
regardless however this moves, it needs to retest before heading in whatever direction. keep your eyes peeled
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.