Bake dump scenario

27 באוג׳ 2023

#Bake , in 1hr time frame red trendline is broken which makes bake Bearish. By following blue arrow, price will go down to the red trendline then it will form a head n shoulder pattern. If that head n shoulder pattern break downs then price will go more down to the bottom red trendline.
All this analysis will become invalid if bake price goes above the black line.