@pitsowarona, yea. Did you enter? If you did, you might have to bear the spikes until moves back into trend. It looks like lvl 1 formed. Still forming the reversal pattern downward though. gotta bear that.
@pitsowarona, alternatively when price is near your entry, you can close at no loss, and wait for the structure to form fully. AUDUSD is also happening now.
@SwingingPrime, so no retracement or pull back after the break of the Trendline?
SwingingPrime
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@pitsowarona, hi, sorry just seeing your message. Oh, no, we just had a major setup not too far from that. hmmm, a likely pullback might form at 132.031. The pullback should be in the form of a range, before continuing downtrend. What I not sure of is if the range forms on top or just below that price range