possible strengthening in upcoming weeks, weekly bullish engulfing candle
UPDATE: comment +
Comments
ForceFollower
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I've reanalysed your original chart. I think you weren't that much wrong. This market is approaching sliding parallels that may exert some resistance on further declining price action. Anyway, by my standards there's no reason to be bullish at that point, unless you see: a higher low, strong support at the bull trend line, inability to make new lows, etc.
itaskar
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Update: I reconsider my idea and it is still to bearish, there is good support in sight, so possible correction, but there is no chance to touch triangle base until it breaks 0.91400 resistance. There is HAS pattern in the triangle