At the 4HR timeframe, we could see a descending triangle market pattern. Could sellers push prices downwards from the descending triangle trendline resistance?🤔 or will buyers push prices higher trapping some traders that placed their stop-loss above the trendline resistance?!🤔🤔
I will be watching for a reversal signal for opening a short trade... Meanwhile if the price moves above the trendline resistance then my thoughts would change, I will look for buying opportunities😊 Wishing you all a lovely week!
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