Price is in an descending triangle on the daily. We've broken the counter trend line and are now back below the clouds. 50 EMA recently crossed below the 200 and we have rejected the 38.2 level and are headed down. Waiting for a break of the 0% level and a previous low wick for confirmation to take it down the he daily level.
Price currently in a symmetrical triangle. Price has stalled at the 50 EMA and now looks to have broken it. RSI looks to be moving back below the 50 mark. Waiting for the pattern break to take 80% of the MPO which coinsides with a previous strong level for me.
