We are at previous high (red arrow), the price has not been broken twice.
* if the red triangle is broken at the bottom, then next support blue bar
* if the red triangle is broken at the top, then I think this is a good buy for a longer period
Good luck to you all
The uptrend diagonal resistance is broken and therefore expect continuation in down trend.
I suspect the older diagonal resistance to be the bottom, the Fibonacci retracements 50/61.8 is nearby, crossing each other.
Expect fast down movement after purple dashed resistance line
I set my alarm above the Fibonacci 50% level and put my finger on the fire...