After a rounding bottom where it looked as though the bulls were forming a base, we now see a long bearish red candle hinting at the bears denying a bullish breakout. I wouldn't close positions here, but I would lighten up on longs. Follow me for more simple to understand expert analysis. Thank you for reading. Now get out there and trade! :)
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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.