The correction trend is expected to continue to the specified support area. Then there is a possibility of a trend change and the start of an upward trend.
If the price breaks the green support area, the continuation of the downward trend is likely.
If the price breaks the green support area, the continuation of the downward trend is likely.
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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.