Bulls have been hoping this triangle would act again as a support before breaking to the upside. Unfortunately for them, we broke below it on big TFs with nice volume. Volatility and volume were at its lowest levels, so today's sharp move should indicate the direction for the next few weeks.
Of course, as usual market makers will punish panic sellers (late short sellers) and we will have a potential bounce on the daily levels or order blocks I highlighted on the chart.