is that the end of the rally?

If that's it, then that was a very weak rally and in tune with the general trend. Personally I would have thought the rally could have least got up to $1.33 which was the previous low. This rally did however conveniently fill the gap at $1.295.

Another outcome which I think is very plausible is a move back to around $1.20 before bouncing back up to at least $1.33 and possibly higher and forming an ABC correction in the process.

Whatever the case, the way this is trading, it seems quite clear to me that it is correctional by nature. Guess what that implies???