Yesterday I expected the price to re test $10,600 and I needed it so support above $10,400 to be bullish. Now that the price has broken below $10,000 I am fully bearish. I expect $10,000 to turn into resistance in the next few hours, which would give us a clear bear flag. The measured move would be to $8,939 and that is also the next horizontal support. I would wait until there before going long and would consider a short once/if $10,000 turns into resistance.
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