This might look like a normal bear pennant but if you look closer, you can notice we are close to breaking past some key resistance levels. A couple trend lines were breached and we are consolidating in a healthy manner, intraday macd starting to cross.
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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.