We have broke down from the descending broadening wedge and come down to the lower ascending triangle which is support (in blue)
We have come down here before and wicks have occurred, I believe it will be absorbed again, most low/mid/high time frames we are oversold.
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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.