It is expected that a corrective and fluctuating trend will form until the specified time frame. Then there is a possibility of a trend change and the start of an upward trend.
With the breakdown of the support level, the above scenario will be invalidated.
With the breakdown of the support level, the above scenario will be invalidated.
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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.