A decrease in momentum - the confidence in this rally is wavering
When we see that lower line break with high volume, it should move fast to the downside. I haven't put much work into where it'll fall if it does, but I think it'll be enough that a target of $26 will result in a profit.
There may be a rally following the reversal, which may be a good buying opportunity.
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Looking for the price to close below ~29.693 to trigger the breakout to the downside. If it does so convincingly, it might bounce back up but I think gravity will take it down soon after.
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It did it, and I'm seeing some bearish candlestick patterns, if you're into that. Evening star on the 4h chart, three black crows on the 1h.
Trade closed manually
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Didn't drop quite as much as I expected, but it got darn close.