Wait for the 4h candle to complete and hold your guns.
Details in the chart, only for senior traders.
I suspect a fake out from the support and a rally after then. Only for advanced traders.
Breaking down the support is BEARISH and here is another proof of that.
Guys breaking down the channel is BEARISH and you see the proof here once again.
Long because: Downtrend broken and trendline is retested; Price is showing wicks at the bottom at multi-year pivot point; Weekly/Daily shows a nice double bottom at this pivot point; The direction of the downtrend since 1989 has changed since 2008/2009, I expect a rally in this year. At least a double top of 2015's high is to be seen.
details in the chart.