As it can be noticed from the graphical illustration, the price has formed a nice "M" pattern and re-tested the neckline of it. As of right now, the price looks like it is about to drop like a needle. Therefore, we are looking forward to opening short positions and aiming for two targets identified on the chart.
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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.