Overall Uptrend. Higher highs and higher lows since 2009. It has had some significant retracements.
In 2018 it declined 20% for 105 days. (3 months approx.)
And it took 133 days to recover 27% (4 months approx.)
In 2020, it decreased by 35% for 35 days. (1 month approx.)
And it took 154 days to recover 67% (5 months approx.)
In 2022, it decreased by 24% for 161...
This parity is technically a downtrend. It has been descending since 2007 and it has just touched the down trendline that supports this move. And it has broken out of a short-term triangle. It still needs to be confirmed on a Daily Chart
200 Moving Averages: Bull W, D
Low H4 RSI
Just contacted a Daily trendline, and it just broke down off a triangle.
Trend:...