-Ascending TL broken, bearish trend forming up
-Respectable descending TL
-0.618 fib retracement
-Previous support now resistance
-MA50 supporting momentum to the downside
-Respectable descending TL
-0.618 fib retracement
-Previous support now resistance
-MA50 supporting momentum 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.