Double top and a fractal, clear downtrend on 4 hour and on various other time frames, 0.88 regression downtrend, quite strong. Outbreak may occur once higher low is produced on daily timeframe, or fib level 0 is reached on 4 hour chart.
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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.