The bear rally was near to its end, but unfortunately, the archer's move is showing that we're still in a downtrend direction.
We are seeing an archer's move here. The price went up significantly, but it was a false move. the bear's archer is tending up his bow to "throw" price more lower.
We have a down confirmation in the last indicator at bottom too (S4W hills indicator).
If I was in a LONG trade, because I saw the fast up move, I would stop it immediately. By being in a SHORT trade, it's HODL time.
Don't take my words for granted. Analyze, analyze, trade, re-analyze...
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