1306 is a of the entire leg from 1433$ to 1180$.
A 121 , a third contact within the red and, last, the weekly 34 should be acting as strongs resistances.
The target of this triangle is about 910$.
If price drops to this level, it'll be a nice entry for long. Coincidence, or not, if we trace a fibo from the major top (1920$) to 910$, the corresponds to the 2011/2012's major support => 1530$.
Of course, if price can break the red long term resistance, it will be a strong long signal