Highly possible that the current spike down is the confirmation of a trend change, short term at least. The strong break of the ending diagonal suggest a deeper move down, perhaps towards the lower support region before another attempt higher.
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.
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.