Here i can see descending triangle
pattern forming, this is (NOT A TRADE IDEA BUT MERELY AN PASSING ANALYSIS IDEA) as the triangle is beginning to take shape we will know when the pattern is valid and complete when it brakes the bottom support area
in this pattern. As the descending triangle
is a bearish
indicator to potential future price action this is further backed by the fact that on the long term daily and weekly charts shows us downtrend momentum, although this maybe true its not to say it wont brake out of the top trend lines
and fool us all, this price should be watched closely in the coming weeks to see how it unfolds.