Bears in control. After breaking rising wedge, currently forming a descending triangle with base at 3,830. If broken short to retest 3,550 with resistance at former triangle base (3,830). If so be aware of Head and Shoulders to retest 3,000.
Good luck :)
Good luck :)
Trade active:
As expected, descending triangle broke bearish after fake bullish break. On the way to test 3,550. Might hold but bear trend might dictate a rebound on the 3,830 to form further H&S. Trade safe!