The trend change is expected to form within the current support area and we will witness the start of an upward trend. A break of the resistance trend line will be a confirmation of the upward trend.
If the price breaks through the red support line, the downtrend is likely to continue.
If the price breaks through the red support line, the downtrend is likely to continue.
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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.