will the support be broken??

The double top pattern that was mentioned on my previous post is now developing nicely. As of the beginning of New York session today, the beast has already penetrated the previous support at 146.74.

The price still need to CLOSE below the support significantly before the bears could claim full control. Remember.... a pattern is NOT a pattern until it is completed.

Below is the daily chart as of 8 pm Malaysia today.


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