Price has dropped lower than the most recent swing high which is one of the first indicators of a change in trend. If we get a retest at the resistance zone we can wait for a reversal pattern to form before entering a sell. It would also be possible to enter a bullish trade back to the resistance zone once this idea plays out.
Beyond Technical AnalysisbreakandretestCADJPYcanadiandollarChart PatternsreversalpatternswinghighTrend Analysistrendchange

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