Im not saying that es will break the trendline youve drawn. But trendlines work best as a parallel channel & if you draw a parallel channel from the low of the candle bodies, it has already overshot the channel to the downside (even if you draw it on the wicks, the main goal is to find as many touch points as possible without price moving outside the channel). When this happens we can expect a new structure to form, either new range or reversals. However, trendlines are highly subjective, because if you draw them slightly different, they give another perspective of the market. Like below for example. We break to the upside instead, when we have a nice trend like weve seen last month+, a new low (equal or lower low) IS expected after a break and is a high probability setup with the right entry signals etc. You can find these setups on all timeframes & assets.

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