Just an idea. Fake break of 200 EMA, retested trendline of previous triangle formation, strong rejection off EMA and a smaller triangle formation with heavy bearish movement shown.
Note
Comfortably broken under triangleNote
Bearish engulfing off bottom trendline, seems poised for more downwards still
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.