Straight to the bottom with ya!
Will it take a nose dive back to the bottom trend line? (The time frame is purely conjecture, simply pointing to the bottom trend line).
Note
Zooming in and tidying up the trend lines. The top line did break but not with any real momentum. Thus, I believe this was a good example of a bull trap!
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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.