We can see a bear flag in downtrend on the 1 day timeframe. Could see a reaction here as shown on the chart and from previous patterns in same location in chart.
We can also see the stoch indicator on -70, last time it was on this level, it bounced.
Just sharing an idea not financial advice
We can also see the stoch indicator on -70, last time it was on this level, it bounced.
Just sharing an idea not financial advice
Note
Uploaded a more clear chart.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.