Overall on the weekly time frame we are seeing an uptrend.
The daily chart shows a correction forming after a bearish impulse (potentially a correction of a weekly move from the buyers).
If we can see a close below daily support, then this may lead to another bearish impulse back to the overall trendline.
The daily chart shows a correction forming after a bearish impulse (potentially a correction of a weekly move from the buyers).
If we can see a close below daily support, then this may lead to another bearish impulse back to the overall trendline.
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Low-Cost Trading, for everyone, everywhere.
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.