recently, the chart has touched the downtrend line(red line) for the 3rd time. so we should expected to have a Prolonged descent of the chart. on the other hand by looking at daily time frame it would be figured out that a very strong support zone is on the way which is far from expected not to be activated. secondly, the chart has tested the blue line which is the uptrend line. so if we put those evidences together, we can say that there is an opportunity of having a double top pattern before the price fell down.
also we should be aware of the power of the black zone in order to send the price over the pink zone to provide the preparations for the formation of H&S pattern.
also we should be aware of the power of the black zone in order to send the price over the pink zone to provide the preparations for the formation of H&S pattern.