Simple.

We drew a trend line signifying it is in a downtrend and that it is making Lower lows and Lower highs.

We can say this is a short right off the bat.

1. Market broke previous support, we will wait for price to retest previous support and reject it (now resistance).
- We will enter for a short position on the dotted line.

Supply and DemandSupport and ResistanceTrend Lines

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