As the previous chart, we predict the market will rebound at the support. But turns out it break the support already and heading towards to the line channel. From there we can see which direction we can focus. either bear or bull. we can make decision from there. but from now. we can go for short
This is my idea what probably going to happen tomorrow, on Monday 22 Aug 2022. From bigger picture 4H / 1H, the market really following the channel trend. The market rebound when it touch the support trendline. So if tomorrow market still going up, that means it towards to resistance. Focus on long. If market breaks the support. Then focus on short, it will be...