Price broke structure and is currently showing rejection from the support that became resistance. Also, price is forming a lower high and showing rejection from the 38.2 Fib retracement. Expect price to continue down trend to reach support zone daily time frame.
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.