The Price is falling like a waterfall. This is no surprise, Brexit news will keep hitting the headline until December 31st, 2020. Nonetheless, price is coming to a very important area from a technical analysis perspective. There are some confluences that can be used for a short-term buy opportunity:
1. A completed Cypher pattern on the Daily
2. Price is...
Depending on the type of trader, you can can either enter aggressively (on the right shoulder) or wait of the confirmation on the break of the neck line. Both have their upside and downside.
Details on the chart.