Many Confluences.
CONFLUENCES LONG TERM BEARISH TREND 4 BOUNCES OF MONTHLY TRENDLINE LOWER HIGHS AND LOWER LOWS BREAKOUT OF TRIANGLE PATTERN IF BREAK OF LOWEST LOW THEN ENTER
PRICE BOKE BULLISH TRENDLINE AND RETESTED AFTER FALSE BREAKOUT. BEARISH PA OCCURED OF DAILY 61.8% AND MOVING AVERAGES CROSSED DOWNWARDS.
At this point price is correcting and will go to resistance. Trend may continue and break resistance or bounce off and continue long term down trend.
