There is a hidden continuation bearish divergence Class A pattern on the chart in regards to the RSI which indicates a downtrend continuation. However, a downwards wedge is forming (blue lines) which could indicate a trend reversal back into an uptrend, yet await for price to either break support or resistance of the wedge before entering a short or a long.
RSI = trend continuation (bearish)
Falling wedge = in theory should break upwards (bullish) but also can easily break downwards
RSI = trend continuation (bearish)
Falling wedge = in theory should break upwards (bullish) but also can easily break downwards