Hello, everyone! We have a descending wedge pattern in front of us, which traditionally resolves to the upside. Currently, there has been a bounce off the Alligator's jaw, indicating a likelihood of a second touch on the wedge's support with a fresh test of the lows. After this retest, there is potential for a breakout from the wedge by capturing a pool of trend liquidity from above. Good luck with your trades!
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