The market can be seen moving to the downside. However, before moving to the downside, it may very well correctively or impulsively move up to create the third touch of the structure, which may create a running channel by forming a head and shoulders pattern or a breakout, which will move to the upside.
It can be seen from the bigger picture that the market is likely to move to the upside.
Steps To Take
Wait for the market to create the third touch or breakout
Be ready for an impulse to the upside
Wait for a correction phase before acting on the market.
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