The channel was not broken, the price is still inside of it. We still in downtrend on 4H and higher. Two potential targets are on chart, ≈2200 is a priority target.
Opposite scenario - break of the channel and consolidation above
DYOR
Opposite scenario - break of the channel and consolidation above
DYOR
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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.