We should still see some consolidation this week as the chart should fill in the rest of the formation. We should then watch for a breakout to the downside of the pattern and a retest of the previous trend line before seeing the price continue dropping to the downside.
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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.