Following an impulse and consolidation (bearish flag), it's more PROBABLE that the price will continue with the push downward; as seen by the confirmation of the breaking of the flag. We now await a retest of this flag (along with candlestick confirmation), to take to the downside as illustrated.
The POSSIBILITY is that the consolidation may continue a little longer, so we will only follow what the market does and not enforce our bias on it.
The POSSIBILITY is that the consolidation may continue a little longer, so we will only follow what the market does and not enforce our bias on it.
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