Today prices trended lower overnight. That sharp downtrend broke and prices retested the extremes at the opening. From there we saw some support coming up. That support could not be broken at least 3 times. When prices are not succeeding in doing something twice they most likely succeed in doing the opposite so we saw first a smaller trend working higher which developed into the bigger grey uptrend. Both structures got broken and prices retested the extremes. The blue reversal downtrend was overshot by a tiny bit but there could be still a retest of the lows.

Hope you had a good trading day.