Price has pulled back to previous support & rejected as new resistance, which could also be considered the double top neckline. Could also be the start of a new downtrend as price has now made a lower high, & can make a lower low next towards the major highlighted support region below.
Commento:
D1: Double top clear at the long term descending trendline also can be considered as an "M" Formation, & price has found resistance.
Commento:
Update: Nice reaction off resistance zone