Morning trading unable to clear orange resistance zone. An inverted hammer variant now bets on the pink line for support. Having played a dead cat bounce card this morning a break down from pink line support will see decline towards the green upper channel boundary followed by a test of the blue channel lower support.
However, if in the afternoon good luck appears then the bets taken by this inverted hammer variant will retest the orange resistance once again. High chance of challenging the light blue resistance if the gamble to take out the orange blockade succeeds. An upside breakout above the pink resistance zone is the reward if the dead cat bounce card played turned into an Ace.
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