Price has been in a long term bear market since May 2014, the bear market is meant to complete late 2025 through first quarter of 2026 for a total of approximately 588 weeks. The bottom at 3.15 is the active pivot below which price will collapse below 1.0 level
The tops at 7.6, 6.77 and 4.48 gives clue of the harmonic decline which risks the market decomposing to the 0.41 Major bottom Trade safe, keep shorts
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.
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.