The Bearish Confirmation Pattern on the chart remains a valid thing, and therefore a long trade is not recommended at this point. As long as the price remains under the EMA 56, it is not advisable to buy long. ###>The Bearish Confirmation Pattern on the chart remains a valid thing, and therefore a long trade is not recommended at this point. As long as the price remains under the EMA 56, it is not advisable to buy long.