Price rejected at 1650 sending us well below the assumed support average/buffers.
Current hold is still within the red zone which marks bullish activity although not nearly as strong.
We would need to close today at or above the inner pattern line (1610) in order to prevent a bearish piercing.
Note that this would need to occur within the posted candle which is unlikely. This would alter pattern support.
Current hold is still within the red zone which marks bullish activity although not nearly as strong.
We would need to close today at or above the inner pattern line (1610) in order to prevent a bearish piercing.
Note that this would need to occur within the posted candle which is unlikely. This would alter pattern support.
