Looking at the charts we are trading inside a descending triangle, after the dump, we had this could also be a continuation to lower levels but i see a relief rally coming soon in markets. a final pump before another major crash.
one more thing noting here is this possible H&S in the making, there is a low chance of this working out as we are at the BOTTOM not the top still unless we break the red resistance line this will be valid
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Triangle breaking out, wait for CANDLE CLOSE Above not wick candle close, if we do then it should retest the red line before another leg up to final targets, H&S is still valid so will suggest to wait it out for 1 day before any swing positions