Below 1030 favours a bearish trend.
Downside price momentum supports the bearish trend.
Price action might aim for the lower range of the linear regression channel pattern.
Potential bearish MACD crossover also remains a concern.
Downside price momentum supports the bearish trend.
Price action might aim for the lower range of the linear regression channel pattern.
Potential bearish MACD crossover also remains a concern.
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.
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.