Recently, I have confirmation from my analysis that this pattern is now ready to break lower, however to be conservative I've drawn in two necklines which would both need to be broken to confirm the pattern.
I will enter a small trade size upon the break of the first immediate neckline/trendline break and then add if the lower potential neckline is broken to the target area indicated in the chart.
Keep an eye as I will update the progress of this trade. Remember, each planned trade should become a mini project and you should always try and estimate your entries, exits and whether your analysis is still valid.
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