Two plausible scenarios:
- If it closes above 0.475 tomorrow, then it confirms the rounding top formation. Although this is to be shown via a weekly chart, the curve is visible against both daily & weekly charts, hence I left it to show daily instead.
- It can alternatively gap down because of (1) triple top, (2) to play out a somewhat ascending triangle formation? Stochastics shows that its going to cross over? 0.475 is beyond the upper bollinger band.
Purely based on TA, then the chart is short term bearish inclined.
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