PEOPLE is currnetly moving in uptrend but for the short time frame, there is a bearish divergence and also PEOPLE touch the 0.5 level of the fib these all signs are the confirmation of the small bearish trend, so we will wait for the break of the previous HLs for the most important confirmation of the bearish trend, and take a short trade with proper risk management.
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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.