hanging man on weekly chart???

A bearish hanging man candlestick has formed on the weekly chart; providing a slight clue that the bears are still trying to gain ground on the market. However a bearish candle on the daily is needed to CONFIRM that the bears are gaining momentum to wrest the battlefield from the bulls.

The chart below outlines my trading plan for next week. A price close above 144.5x will invalidate the plan.

Update (5 days later):


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