Like mentioned in my previous idea, my sentiments had remained bearish until 1850 was broken and I have been bull till the weekly flag at 1907. The price has tested 1907 but failed, causing it to plummet towards the red line which it then broke, thus opening the path back towards the Wolfe channel and it bounces from there. As of now, I see the price consolidating within the wedge of the Wolfe channel and the weekly flag. Breaking of the weekly flag will ensure 2000 in the mid term whereas breaking down back into the Wolfe channel will lead us back to the supply zone 1830 to 1860 once more. This is a good zone for scalping as of now. Only hold shorts near the weekly flag for mid-long term positions for better risk to reward ratio. I would recommend buyers to watch for the weekly flag to break before attempting to hold their buys for mid-long term as this is still ultimately a downtrend in the making.