Price moving in the channel drawn on the chart.
Price is respecting the bottom trend line, we could see a 50/61.8 retracement to the top of a channel, followed by a continuation of the down trend.
Neutral, for now.
Price is respecting the bottom trend line, we could see a 50/61.8 retracement to the top of a channel, followed by a continuation of the down trend.
Neutral, for now.
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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.