Long term uptrend could happen as long as the pattern continues in top half of the pitchfork while breaking through the long downtrend line.
Short term downtrend more likely given multiple resistance levels just overhead, bulls to lose steam and downturn possibly testing bottom of pitchfork.
This is not intended to be trading advice.
Short term downtrend more likely given multiple resistance levels just overhead, bulls to lose steam and downturn possibly testing bottom of pitchfork.
This is not intended to be trading advice.
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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.
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.