Continued Downtrend - Short Term
Head & Shoulders + Bearish RSI Divergence + EMA as a resistance = all bearish signs for a continued downwards movement.
Target is 260-258 for the short term, and once there there will be a very important decision weather it will hold or not, or continue it's correction.
Target is 260-258 for the short term, and once there there will be a very important decision weather it will hold or not, or continue it's correction.
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.