As long as the indicator is above the green resistance zone and the resistance trend line is not consolidated, the continuation of the downtrend is likely. If the strong indicator breaks through the mentioned resistance zone, a long-term uptrend will be formed.
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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.