Given the overall downtrend, this would appear to be consolidation before going lower in the form of a bearish pennant.
blog.nobletrading.com/2010/01/bearish-pennant-chart-pattern.html
blog.nobletrading.com/2010/01/bearish-pennant-chart-pattern.html
Disclaimer
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.
Disclaimer
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.