potential downtrend. lets see how it plays. volume is important.
volume is needed to drive the price down. a big spike in volume while downtrending may signal majority of people getting out in which case look to get back in since no more people left to sell.
if it does go down first line may hold around 2,100. if it can break below that look for 1800ish. doubt it can go that far though.
*Volume is important
if it does go down first line may hold around 2,100. if it can break below that look for 1800ish. doubt it can go that far though.
*Volume is important
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.