I will post another chart in an update, where you can see the trigger for me to have shorted it now. Look at the orange area, it's not exactly the same as the previous 2, but it did drop out that channel and has been trying to get in again. If i am right, we could drop towards the 10200/10400 but probably even towards 9800, to retest the previous resistance as a big support now, it would really fit this picture, of the blue circle, making another high low at the 9800
I see 2 options for now, we turn around here with a max of 11.100, of we can go towards the 11.400 and turn down again.
A third option, i think is less likely but could also happen of course, a an up wave towards the 12.000/12.500 making a bull trap with that big inverse H&S everybody is looking at
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Yes it does, but i think it will fall out of it around these levels. If it breaks the 11.200, than yes chances increase allot that we go towards the 12K