break hook and .....waiting on the go right now - But if this isn't a bull trap, and the confirmation candle anyday now becomes an bullish engulfing candle, it's on! 2.7T - oh yeah.
Trend intact.
Good Luck
Not
Very powerful false-breakout and even more powerful rebound of the major support @ 1.77T remaining just below the bullish 2T mark. This could have technical traders on the sidelines waiting for a bear/bull confirmation. As for the long wick, I find that very bullish on price action. Indicators are NOT flashing for the bears.
Not
Bull Trap into a bear trap shake-out? ....Ok....waiting on that now - or a final capitulation to the downside to the measured move of 1.36T - very unlikely.
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