Two scenario here... after breaking out of the falling wedge price retested and couldn't continue the bull run hence, breakdown, which turns to a descending triangle.
Right now there's no sign of reversal as volume is absent in the market and price could possibly poke out to touch the weekly support trendline.
Hold while we keep watch and update you on the next move.
Right now there's no sign of reversal as volume is absent in the market and price could possibly poke out to touch the weekly support trendline.
Hold while we keep watch and update you on the next move.