Dislikedtook the long at the open of the candle with the yellow arrow; volume is rising price is dropping near to the last support; close also to 2/8 at 4526 and VZO near -60 oversold sign...Ignored
the close of the pink bar is lower than the support...that is a confirmation that the support has been broken...it is a hint...even thought it might have closed just 1-2 pips below, thats a hint...
so unless i see a bar close above the support again, i will consider the support to be broken cos of the hint given by the pink bar...the bar that u have marked is then retest of the broken support...and down we go over the next few bars...