Price is in a downtrend making lower lows & highs. Price now coming up to create a lower high, nearing the 61.8 fibonacci retracement, along with previous support level. Watching price to test the descending trendline for a "3rd time", & from there will be anticipating a continuation of trend for price to then look to create a new potential lower low next.
Comment:
No trade setup until confirmation is given....