Double top, needs more consolidation to break the downtrend
Good hold around 8470 - 8500 area, double top around 8920 (coincidentally or not 0.236 fib). R:R looks more favorable in the current range towards the downside. Bearish ichimoku cloud above also confirms.
Note
Descending triangle formed, maintaining bias towards bearish in the near term. Note
That triangle just got invalidate by a very powerful move, 8700 might be the new floor here and break above 8920 is bullish Note
8920 will hold for now given the huge divergence on volume this move is getting exhaustive on momentum Note
Bullish price action, potential break out (up) Note
yup 
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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.