The rising market entered a decline phase starting from June 2019. Since then, the price structure has formed 3 lower highs followed by 3 lower accumulation lows. Currently, the price has already formed 3 lower highs since March. Now, I think the market will move sideways for a while before continuing downward to form the first lower accumulation low. The current price structure is in my next post.
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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.