ET could go down to 13 in a possible Middle East ceasefire

ET could go down to 13 in a possible Middle East ceasefire

Technical Analysis:
The price dropped out of a channel and is showing that bearish volume is increasing
more during these days.
The top of the pattern was reached at 16.40 and actually the price looks like in a corrective
moment before the new short term trend begins.

Also considering a possible ceasefire in the Middle East, it could give a hand to this bearish scenario we are watching, after the technical confirmation we already have.

You may find more details in the chart!
Thank you and Good Luck!

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