Looking at the price movement we can see, that a descending triangle formation has occurred. We are waiting for the price to make a breakout beneath the upper resistance line. Then this resistance line will become a support line and we are looking for another bounce in the bullish direction from there.
We wish you good luck with your trading!
We wish you good luck with your trading!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.