ETSY 6 tests breakdownETSY is now about to test the 192 level of support for the 6th time. Each time a level is tested, supply is being taken out increasing likelihood of a breakout. I'm looking for this to breakdown to the 178 level. There is a zone of support between 167-178, which would be a profit taking zone. A break above the moving averages would trigger an exit, as long as price stays under the moving average resistance the trade is in play.
