Price is in an uptrend, however the bears seem to be assuming control of the price action as a bearish divergence along with a double top pattern is printed, hinting bearish control. If previous higher low is broken successfully, then we can expect a bearish reversal as per Dow theory. Targets are mentioned on the chart.
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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.