A larger retracement down may be expected at least. We are in a downtrend already and I recommend to mind the doubletop and to look out for a possible Head and Shoulder if the neckline will be undercut.
Trade closed: target reached
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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.