CPHL Breakdown – Bearish Trend Confirmation?
CPHL has broken below a key lower high, signaling bearish momentum on the 1H timeframe. With increasing selling pressure and RSI at 24 (oversold), further downside is possible unless buyers step in. If support at [mention level] holds, a short-term bounce could occur. However, failure to reclaim resistance may lead to further declines. Watching for confirmation before entering a trade.
What’s your outlook? Drop your thoughts below! 📉🔥
What’s your outlook? Drop your thoughts below! 📉🔥
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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.