Bearish triangle looks like a continuing trend, and 23.6 level on the Fib looks significant. Wait for the breakout on the lower level of the triangle to enter. Downtrend still looks like it has some strength left.
Note
Looking good! Price is further consolidating in the triangle, and it is time to start expecting a break on the downside.
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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.