Hello Traders, i think we see a Shoulder - Head - Shoulder - Pattern here. Neckline has been broken and retests now.
This in addition with bullish engulfing on mid-bolinger-band an violated descending Trendline could be a nice opportunity for a long setup.
nice bullish engulfing candle on daily timeframe after strong bearish rally + loosing momentum in downtrend - little divergence in stoch and macd. I'm expecting a pullback to Mid-Bollinger Band or upper Band / Resistance.