After the long down movement the price seems to be consolidating in a triangle waiting for the right moment to continue going down. The situation looks very bearish in all time frames, specially in the monthly one which shows clearly an engulfing. I will be looking for an entry on an eventual break down of the triangle towards the level 128.5
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.