If it breaks hourly support, it's gonna end up like IPOs like BOX and HDP.
HDP was in a corrective phase from a couple of months and now this corrective structure seems broken. There is a possible gap and run, a bearish divergence and a bad news about earnings, so i'm expecting more downside.
One of my ideas for the week is to short the Euro against the Japanese Yen ahead of German GDP figures due to be released on Wednesday. This is forecast to come in worse than previously, and I believe we will still have a lot of risk flows to the Japanese Yen after the UK election, as well as problems in the Euro with Greece and an uncertain U.S. Dollar future.