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Don’t rush to take sides before the neckline is broken—wait to confirm the signal before making your move.
Price remains below the key moving averages, suggesting sellers still have the upper hand and the short-term trend remains bearish.
➤ Holding below the neckline keeps the bearish setup valid.
➤ A confirmed breakdown could trigger another leg lower and present attractive short opportunities.
➤ A strong reclaim above the neckline would invalidate the pattern and shift momentum back in favor of the bulls.
Wait for confirmation. The next move could define the short-term trend.
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