Very likely it will bounce again on the first support and rise about 6%, then it could continue to bounce for some time or break through that second and maybe third layer.
Trade closed: stop reached
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Going to low for my liking, looks like its going to hit the next bottom foundation. At that time could be a good long.
Trade active
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Expecting a bounce and rise, could ascend beyond the second barrier this time or top and return.
Well that didn't work out as planned, haha. Lesson: Just because it breaks through doesn't mean it has momentum to keep going nor wll it always bounce off that higher boundary. Live and learn.