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We broke out the triangle and if we don't get back higher than 7800$ It means for me we will reach 5000$
In this case, now we are in the 3d wave...let's see where it going to take the price because if it shows itself as a strong bear market 5000$ can be not the end of a cycle...
If we bounce from the red line level I prefer to open a long if we start consolidation there I prefer to open a short. In both ways, we have 1:3 ratio.