Learning to read Price Action with P&F Charting

chart posted on another website.
china on 35 times earnings.could melt down
price testing a longe term downtrend line
29n7z2t.jpg
 
a closer look at the latest consolidation
price is near to breaking upwards and making the chart bullish
a break above 1031 and retrace above the downtrend line makes this chart bullish
could go either way
just an opinion
r0uosi.png
 
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