The big if's idea in this context is that if price will break below the circled zone that's the mini trendline below we might expect a further move towards the downside towards the lower bound area below, which has a slight probability of happening... but regardless this is the market anything can happen, Trade safely
Note
Just looked at this update now and was like damn
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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.