- The chart seems to be forming a on the 4hour chart.
- The 200 is flattening out.
- The 55 recently crossed below 200 .
- 8 starting to act as resistance.
- Despite the little bounce is larger than .
- Oscillators trending down
So far the yellow line inside the triangle is acting as support which also lines up with the SAR and the 21 . Once these are broken there could be a quick sell off to the bottom of the triangle and possibly to the green below.