A neckline breakout can push price to previous lows
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The market created resistance at an old support zone
price has also broken out of our trendline, if price breaks out of our neckline as well we may expect a push towards previous lows or a divergence to form.
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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.