This bearish pattern.. suggests that stocks price has been at a high price for too long, and investors are beginning to compensate for it. all indicators showing oversold too .. Also investors can not get long positions unless there is confirmation of bullish reversal otherwise it is high accurate pattern and may be decline go further than 75 . support at 81-79
Note
Possible reversalDisclaimer
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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.