Price is in a downtrend making lower lows & highs. Price is forming a trend continuation pattern (Wedge), rejecting the supply zone above as well. A breakout to the downside price may look to resume the downtrend & set a new potential lower low.
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.
