After broke support we can see that rallied up for a retest, price failed later failed to create a new high. on the daily TF we can see that price closed engulfing the previous day candle. this may indicate that price is ready to continue lower
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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.