The analysis is based on my Special MACD indicator. There might be a pullback before a continuation of going down. When coming down, do watch for the divergence on the current trend line because if it is formed, there is a high chance of it shooting up instead continuing downward.
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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.