Price has broken the ascending trendline after bearish RSI divergence appeared on four hourly time frame, and has also defined a lower low, which according to Dow theory marks the beginning of a bearish rally. Targets are mentioned on the chart.
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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.