Observation on the chart. Price could turn down or keep going. It is 'overbought' at the moment though
Note
Price is behaving as expected. There was an over shoot and a retreat. The idea is not out of the woods yet until there is more downsideNote
The upper boundary of the price range/box did not hold. This technical idea did not play out.
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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.