here we have hit a nice resistance zone and the bulls look to be over. We have what seems a head and shoulders pattern but also a nice breakout followed by a now completed retest. We see this has some nice longer term downside potential back to previous zone here. We look to open to positions here and run risk free soon as it looks like bears have well and truly took over already.
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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.