This bearish formation means there could be a breakdown down to the 0.1014 range.
Note
With the exception of the little "baby bump" in price action, my assessment was correct in the massive landslide down to to 0.0900. At the time of this update, the price action has collapsed the region of 0.0800 as its new level of support.
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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.
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.