We've seen break in market structures and a failure swing giving us a bearish sign. A return to the bearish order block for mitigation can be observed for a sell order. Another confluence is the 3rd bounce on the bearish trendline.
Price has formed a descending triangle on a strong support. We anticipate a breakout to the downside.
Daily trendline has been broken and we can see a downtrend channel forming. We expect price to reach the upper trenldine before observing sells.
A bullish penant is formed on the D1 time frame, inverse head and shoulder pattern on the H4. We await a breakout to the upside.