The third leg down looks weak. We closed the week with a green candlestick. This does not make a strong case for shorting anymore. Compare with two previous legs down. What may happen next week is a 50/50% lottery. And it is a green hammer too.
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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.