Hey Traders, In this analysis we saw price forming a pattern (descending channel) which is a correction therefore we are likely to see the next impulse, following this IMPULSE-CORRECTION-IMPULSE. Price can likely go down to give us a reversal then rally up.
TRADE VIEW: we need to see a break of trendline with bullish momentum pushing in
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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.