1. Price has hit a major resistance level
2. Price action and trend is downwards
3. Bears seem to be control of overall trend
2. Price action and trend is downwards
3. Bears seem to be control of overall trend
Note
Oh dear! really wrong on this one. Bulls are in control!
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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.