Remarkable are the couple of retest's.
Price could not manage to slip above the centerline again.
There are two other possibilities left: either price go sideways, or down.
Since price and everything moves in swings, I see the down swing bevor my eyes.
The further analysis even give us a target, the lower MLH is one.
Another one is the centerline of the yellow fork, since we know that price is
reaching the centerline over 80%.
Besides all the pro's & con's, all in all it's just a trade, nothing more.
Managing the risk and holding to the trading plan is the goal.
The dashed arrow is from the previous post:
TradingView Blog: http://www.forktrading.com/tradingview-blog
Ich poste übrigens sehr wenig hier (zumindest im Moment).
Neben WSO meine haupt Inspirationsquelle ;)