DISCLAIMER - This analysis does not warrant any immediate buy and sell. Every trader should do their analysis themselves and have proper risk management executed perfectly in accordance with their trading plan.
From the looks of it, the price is already at a downtrend. Bearish symmetrical triangle has already formed in the chart. There would be a possibility where the price would plunge to 0.618 fib retrace or 0.786 fib retrace.
From the looks of it, the price is already at a downtrend. Bearish symmetrical triangle has already formed in the chart. There would be a possibility where the price would plunge to 0.618 fib retrace or 0.786 fib retrace.