Once again we have retraced the decline from 1st December 2022 until 8th March 2023. The previous highest retracement levels in January and March seem to be a strong resistance zone. The intact downward trend may continue from here.
For taking a speculative long position you can assume that this triangle got broken to the top. At least we've reasched already the 50 % retracement mark of the last upward swing.
