As it can be inferred from the chart, the price keeps constantly forming Lower Lows and Lower Highs. At the moment, a nice little top is being formed at the zone of the descending trendline which is drawn on the chart. We are expecting for the price to keep dropping till the area identified on the chart or even below that price mark.
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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.