We have broken down from the symmetrical triangle, odds have been favoring this breakdown. Measured move down from the break is roughly 23.5k
I almost always give a prediction of where I think price is going for the next 24 to 48 hours and today I really cant see anything.
We are off the reservation, broken pattern, we need to wait for structures to form. I can possibly see a 30k retest, things are overall more bearish so odds slightly favor moves down.
But I don't see anything right now that would influence my trading either way. All you can do is give it a day, see where we are tomorrow.
I do see potential for a descending triangle to develop, but not sure how that pans out as there's massive wicks in previous price action.
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