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Price break resistance but didn't close above, create V-shape, then went down to test support, and came back up, create LH, might go lower

After the decline last week, the price slowly rose over the weekend and broke through and stood above AVWAP, then retested this week's opening. The current upward momentum has weakened, generating LH. Wait until it falls below the opening before participating in short selling.

After the opening, the LH impact on the opening price failed and then rose. The subsequent volume did not keep up and then fell back to the support. The overall trend of the high cycle is downward, waiting to break the support.

youtube.com/watch?v=wCllIE…

Price made a V-reversal at support, returned to daily open, then broke down with high volume. It later broke resistance with low volume. If London holds above, price may push higher—if not, a retest of the lows or further drop is likely.

London ranged, NY broke out with high volume above prior day’s high but lost momentum, forming a LH. Price is now near weekly open support — a break below could confirm continuation of the downtrend.

Price held weekly support, consolidating at daily open before pushing toward HTF resistance 117867. Needs strong momentum to break higher; below 116161 risks structure shift and further drop.

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Price is consolidating near the highs. Upward momentum remains strong, and there are no clear signs of weakness yet. The key is whether the current momentum can sustain and push through resistance.

After failing to break higher and forming a wick, the price fell back to the weekly open, then rebounded to the daily open before falling again. Now, we need to see if this decline represents a change in trend or just a temporary pullback. What do you think?