Bears seem to have taken control of the price action as a matured bearish divergence seems to be playing out. Previous higher low is broken and if the price fails to print a new higher high then we can expect a downward trend. Targets are mentioned on the chart.
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.