Looking at the weekly chart indicates bearish trend with lower high formed.
Combination of weekly chart and DSS indicator showed another bearish divergence, historically followed by approximately 200 days downtrend action.
Cycle reversal expected mid September with possible price targets for long position between 45-50.
Ciao
Combination of weekly chart and DSS indicator showed another bearish divergence, historically followed by approximately 200 days downtrend action.
Cycle reversal expected mid September with possible price targets for long position between 45-50.
Ciao
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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.
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.