Strong bearish engulfing candle break though daily support, & looks to have potentially broke its daily uptrend line as well. Now retesting broken support now as resistance & is at a "make or break level". Watching this setup for shorts during London session & a reversal candlestick
Note
potential false breakout, thats why its always good to wait for confirmationDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.