will the trend continue???

An insider bar on the daily chart; indicates that market is looking for more clues for next direction and  a breakout could occur either way.

However, on a closer look, the price is making lower highs on the hourly chart and a variance of descending triangle is currently forming on 15 min and 30 min chart; favoring a downwards breakout.

For the time being, it is safer to stay out and wait for the market shows us the way.

Below is the hourly chart as of 7 am Malaysia.


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