While VGI was forming Triangle pattern, we expect it would breakout up the triangle with uptrend. However, it chose to go down instead. Thus, we still use the pattern for trading in downtrend. The 1st Target price as Fibo P.61.8% of height of triangle is expected. We made the trading plan as the below chart. Good Luck!
Trade active:
We made another trade setup.
Trade closed: target reached: