After the third touch on the daily trend line, there was a bearish momentum followed by a correction.
There is a greater likelihood of a strong downward impulse continuing the initial momentum of the third touch on the trend line.
There is a greater likelihood of a strong downward impulse continuing the initial momentum of the third touch on the trend line.
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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.