$NOT has lost the symmetrical triangle and is now pressing against a key horizontal support.
The structure is leaning bearish, but I want confirmation rather than chasing the breakdown.
A clean break and retest of support could open the door for a short setup.
If support holds, the bearish thesis is invalidated.
#NOT
The structure is leaning bearish, but I want confirmation rather than chasing the breakdown.
A clean break and retest of support could open the door for a short setup.
If support holds, the bearish thesis is invalidated.
#NOT