The market has been consolidating with a bearish bias for months, many months, since March 2024.
This consolidation pattern just witnessed a strong bearish move, the strongest since April.
The descending triangle support level based on candle close has been broken, that is the black dotted-line. This indicates that bearish action is intensifying.
When bearish action intensifies, it is either the correct time to sell or to stay out but not to buy... Buying with a bullish perspective would be a mistake on a bearish chart setup.
I am getting the feeling that you are anxious to make some mistakes and I rushed to my computer just to tell you to wait.
Give it time... Consider the weekly timeframe.
When a strong move develops, it needs time to settle. Time means longer-timeframes and that's the weekly... Just wait.
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