Price has bounced from a slide parallel of a downsloping median line, a long term resistance level, and is now looks like it's in a correction. Watch for a breakout below the corrective structure and go short. We might also see price reaching the median line (green line) of the pitchfork, while in correction. In this case watch for a sell setup at the median. Overall my view in this market is bearish.
Resistance Slide Parallel:
Resistance Slide Parallel:
