Price is moving in bearish trend with no bullish divergence.
Also, descending channel indicates continuation of bearish trend.
Entry is at breakout of lower low.
If price crosses down lower low, sellers will remain in control.
Also, descending channel indicates continuation of bearish trend.
Entry is at breakout of lower low.
If price crosses down lower low, sellers will remain in control.
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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.