The price is at the upper border of the channel. A lot of bearish signals are being formed, so the price will bounce down to the middle line of the channel and 200 MA, then a fall to the lower border is possible
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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.