Price was in an uptrend, however now it seems that the bulls are exhausted and a price reversal might be on the cards following the emergence of bearish divergence and double top pattern. If price breaks previous higher low with volume then we can expect a downside in price action as per Dow theory. Targets are mentioned on the chart.
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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.