Price momentum made a new low on 9 April 2025. There is a positive expectation in fading the first bounce after with at least a target to retest that last swing low. A possible extension past it and start of a new leg lower also can occur as momentum tends to lead price.
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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.