Price did break major structure, its possible price is retesting structure to continue down. But there is a few scenarios that can play out.
1. Price can rest and drop
2. Price can pull back, break structure and continue on its way up
3. Price could break structure and consolidate
1. Price can rest and drop
2. Price can pull back, break structure and continue on its way up
3. Price could break structure and consolidate
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Disclaimer
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.