The weekly suggest further downside, the hourly and daily at least some upside. I am willing to go long based on a lower timeframe setup and divergence but I'm cautious since we may not have seen the end of the decline...
If this is the start of an ending diagonal/wedge we might still get 2 more waves before a larger degree bullish reversal...
If this is the start of an ending diagonal/wedge we might still get 2 more waves before a larger degree bullish reversal...