Price was in a strong uptrend, however the bears seem to be waking up to the cause after a matured bearish divergence which led to the break of last higher low. If price prints a lower high and breaks freshly printed lower low, then a bearish rally is on the cards. 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.