First take a look at monthly chart
The price needs a deeper correction at a strong resistance.
Weekly chart analysis
The big divergence is still in play
Here on D1 chart we see a clear sequence of HH,HL. Finally the price broke the and retested it at the 0.61 fib retracement.
We can see also a forming.
May be we are at the poing C of a future also.
The entry is a the retest of 120.00 level to have a better R/R ratio