The lowering , pattern, and are all pointing to a .
The 200 MA is also being tested for the third time. And 200 MA doesn't like to be tested too many times! so if it breaks down, our first target is guaranteed.
But there is a slight chance of reversal at this price point and that's if we see 125-126 in the next few days. Otherwise, it should go down under 200 MA and hit around 122 and that's when the real begins. In that case, the second target is where the gap formed on July 31st 2020 should be filled. So let's watch this closely and see where it lands in the upcoming days.