Comments on the chart. Bearish divergence Trendline support breakdown
Price has broken down below the trendline yes however we need to allow for the principle of 'break and retest' so stops cannot be moved yet
Triple top anyone?
Price recevered more than expected negating this idea. I will be posting another idea though with a view of the market doing a complex EW retracement move up i.e a WXY move up which should give way to an impulsive move down