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I'm noticing a potential descending triangle forming on the H4 chart. If the price breaks below the lower trendline, it could signal a continuation of the downtrend. Keep in mind that triangles can also break to the upside, so confirmation is key. Watching the volume closely for clues.
@RahulDiver Yeah, I'm seeing that descending triangle too. Volume's been kinda sus though, not really confirming the breakdown yet. Could be an inducement before a move up. I'm gonna wait for a clearer signal before shorting, maybe a break above R1 pivot around 73750 would invalidate it?
