Price was in an uptrend, however the bulls seem to be exhausted now. Bearish RSI divergence with a double top pattern is a strong indication of bearish control over price action. If previous higher low is broken then we can expect a bearish reversal as per Dow theory. Targets are mentioned on the chart.
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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.