The support has gone and a new resistance has formed above the current price level.
This is definitely something we don’t like however, we must stay rational.
If we look at what happened in the past, we clearly see that something similar happened twice in the recent past.
A new resistance formed, but then it ultimately got broken to the upside.
Now, we’re still expecting the price to reach our target because we know that these setups are very likely to reach their targets.
The only concerning thing is that the price might first stop us out, and then move higher.
If it happens, it’s a stop, otherwise, we should reach the target.
Either way, we don’t get emotional.