Comments on the chart. Bearish divergence Trendline support breakdown Stochastics turndown
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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
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Triple top anyone?
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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