The price has reached the reliable support range of S1 and there is a positive reaction at the moment. If this support range is maintained and the reversal patterns are formed, the price can return to the upward cycle. The downward movement is very strong and we need time for the price to return. The failure of S1 support will cause the price to fall further
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.